Call reports 2003
UNIVERSITY BANK — 2003
What UNIVERSITY 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 | 76,360,000 | 79,910,000 | 81,813,000 | 82,144,000 |
| Total loans | 68,957,000 | 70,824,000 | 72,466,000 | 73,301,000 |
| Allowance for loan losses | 745,000 | 826,000 | 853,000 | 932,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,818,000 | 69,355,000 | 70,985,000 | 67,702,000 |
| Interest-bearing deposits | 60,165,000 | 63,139,000 | 65,988,000 | 62,349,000 |
| Noninterest-bearing deposits | 5,653,000 | 6,216,000 | 4,997,000 | 5,353,000 |
| Equity capital | 5,174,000 | 5,361,000 | 5,566,000 | 5,735,000 |
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 | 1,259,000 | 2,514,000 | 3,801,000 | 5,075,000 |
| Interest expense | 541,000 | 1,070,000 | 1,604,000 | 2,118,000 |
| Net interest income | 718,000 | 1,444,000 | 2,197,000 | 2,957,000 |
| Noninterest income | 133,000 | 292,000 | 439,000 | 577,000 |
| Noninterest expense | 422,000 | 929,000 | 1,435,000 | 1,965,000 |
| Provision for loan losses | 75,000 | 158,000 | 226,000 | 329,000 |
| Pretax income | 354,000 | 649,000 | 975,000 | 1,240,000 |
| Income tax | 130,000 | 238,000 | 358,000 | 455,000 |
| Net income | 224,000 | 411,000 | 617,000 | 785,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,174,000 | 5,361,000 | 5,566,000 | 5,735,000 |
| Total capital | 5,847,000 | 6,056,000 | 6,287,000 | 6,460,000 |
| Risk-weighted assets | 53,808,000 | 55,494,000 | 57,534,000 | 57,826,000 |