Call reports 2003
FIRST MOUNTAIN BANK — 2003
What FIRST MOUNTAIN BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 105,830,000 | 107,042,000 | 110,630,000 | 115,443,000 |
| Total loans | 71,137,000 | 68,959,000 | 70,461,000 | 78,505,000 |
| Allowance for loan losses | 1,172,000 | 1,170,000 | 1,178,000 | 1,207,000 |
| Securities available for sale | 11,330,000 | 10,755,000 | 12,720,000 | 14,072,000 |
| Securities held to maturity | 1,477,000 | 1,116,000 | 769,000 | 647,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,252,000 | 96,448,000 | 99,677,000 | 103,915,000 |
| Interest-bearing deposits | 65,148,000 | 65,472,000 | 66,208,000 | 65,144,000 |
| Noninterest-bearing deposits | 30,104,000 | 30,976,000 | 33,469,000 | 38,771,000 |
| Equity capital | 9,796,000 | 9,984,000 | 10,274,000 | 10,619,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,588,000 | 3,188,000 | 4,728,000 | 6,407,000 |
| Interest expense | 234,000 | 471,000 | 669,000 | 848,000 |
| Net interest income | 1,354,000 | 2,717,000 | 4,059,000 | 5,559,000 |
| Noninterest income | 278,000 | 546,000 | 817,000 | 1,075,000 |
| Noninterest expense | 1,212,000 | 2,522,000 | 3,789,000 | 5,064,000 |
| Provision for loan losses | 20,000 | 20,000 | 40,000 | 80,000 |
| Pretax income | 400,000 | 721,000 | 1,047,000 | 1,490,000 |
| Income tax | 125,000 | 217,000 | 314,000 | 411,000 |
| Net income | 275,000 | 504,000 | 733,000 | 1,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,208,000 | 9,443,000 | 9,717,000 | 10,087,000 |
| Total capital | 10,242,000 | 10,457,000 | 10,775,000 | 11,261,000 |
| Risk-weighted assets | 82,499,000 | 80,872,000 | 84,502,000 | 93,846,000 |