Call reports 2003
FIRST INDEPENDENT BANK — 2003
What FIRST INDEPENDENT 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 | 120,372,000 | 124,659,000 | 127,761,000 | 129,864,000 |
| Total loans | 91,563,000 | 103,447,000 | 109,741,000 | 112,231,000 |
| Allowance for loan losses | 1,220,000 | 1,328,000 | 1,490,000 | 1,581,000 |
| Securities available for sale | 11,091,000 | 9,603,000 | 7,331,000 | 7,695,000 |
| Securities held to maturity | 1,935,000 | 1,880,000 | 1,995,000 | 1,919,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,647,000 | 105,304,000 | 108,142,000 | 109,310,000 |
| Interest-bearing deposits | 94,228,000 | 98,258,000 | 100,085,000 | 99,297,000 |
| Noninterest-bearing deposits | 7,419,000 | 7,046,000 | 8,057,000 | 10,013,000 |
| Equity capital | 10,348,000 | 10,772,000 | 11,266,000 | 11,192,000 |
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 | 2,043,000 | 3,993,000 | 6,184,000 | 8,397,000 |
| Interest expense | 827,000 | 1,663,000 | 2,450,000 | 3,289,000 |
| Net interest income | 1,216,000 | 2,330,000 | 3,734,000 | 5,108,000 |
| Noninterest income | 93,000 | 417,000 | 663,000 | 885,000 |
| Noninterest expense | 527,000 | 1,076,000 | 1,650,000 | 2,424,000 |
| Provision for loan losses | 90,000 | 250,000 | 440,000 | 570,000 |
| Pretax income | 692,000 | 1,421,000 | 2,307,000 | 2,999,000 |
| Income tax | 267,000 | 551,000 | 888,000 | 1,159,000 |
| Net income | 425,000 | 870,000 | 1,419,000 | 1,840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,440,000 | 8,880,000 | 9,429,000 | 9,350,000 |
| Total capital | 9,570,000 | 10,121,000 | 10,669,000 | 10,685,000 |
| Risk-weighted assets | 90,321,000 | 99,204,000 | 98,974,000 | 106,548,000 |