Call reports 2003
SECURITY BANK OF NORTH METRO — 2003
What SECURITY BANK OF NORTH METRO 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 | 42,297,000 | 50,619,000 | 54,492,000 | 65,317,000 |
| Total loans | 30,123,000 | 36,542,000 | 44,636,000 | 52,115,000 |
| Allowance for loan losses | 393,000 | 481,000 | 597,000 | 714,000 |
| Securities available for sale | 6,150,000 | 2,269,000 | 4,923,000 | 4,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,492,000 | 44,437,000 | 48,536,000 | 59,462,000 |
| Interest-bearing deposits | 29,893,000 | 41,763,000 | 45,873,000 | 55,867,000 |
| Noninterest-bearing deposits | 2,599,000 | 2,674,000 | 2,662,000 | 3,595,000 |
| Equity capital | 6,145,000 | 5,981,000 | 5,814,000 | 5,660,000 |
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 | 539,000 | 1,201,000 | 1,941,000 | 2,813,000 |
| Interest expense | 183,000 | 444,000 | 741,000 | 1,047,000 |
| Net interest income | 356,000 | 757,000 | 1,200,000 | 1,766,000 |
| Noninterest income | 17,000 | 36,000 | 56,000 | 74,000 |
| Noninterest expense | 416,000 | 910,000 | 1,420,000 | 2,034,000 |
| Provision for loan losses | 158,000 | 246,000 | 361,000 | 479,000 |
| Pretax income | -201,000 | -363,000 | -525,000 | -673,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -201,000 | -363,000 | -525,000 | -673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,131,000 | 5,973,000 | 5,812,000 | 5,662,000 |
| Total capital | 6,524,000 | 6,454,000 | 6,409,000 | 6,376,000 |
| Risk-weighted assets | 34,965,000 | 42,578,000 | 50,004,000 | 60,199,000 |