Call reports 2003
GREERS FERRY LAKE STATE BANK — 2003
What GREERS FERRY LAKE STATE 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 | 54,807,000 | 54,641,000 | 52,809,000 | 52,467,000 |
| Total loans | 33,796,000 | 33,328,000 | 32,702,000 | 31,425,000 |
| Allowance for loan losses | 414,000 | 441,000 | 494,000 | 534,000 |
| Securities available for sale | 9,682,000 | 10,789,000 | 13,600,000 | 14,601,000 |
| Securities held to maturity | 3,112,000 | 2,359,000 | 1,050,000 | 930,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,287,000 | 45,220,000 | 43,259,000 | 42,994,000 |
| Interest-bearing deposits | 40,190,000 | 40,210,000 | 38,326,000 | 38,398,000 |
| Noninterest-bearing deposits | 5,097,000 | 5,009,000 | 4,933,000 | 4,596,000 |
| Equity capital | 4,491,000 | 4,509,000 | 4,648,000 | 4,509,000 |
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 | 732,000 | 1,449,000 | 2,159,000 | 2,864,000 |
| Interest expense | 278,000 | 540,000 | 780,000 | 995,000 |
| Net interest income | 454,000 | 909,000 | 1,379,000 | 1,869,000 |
| Noninterest income | 69,000 | 154,000 | 234,000 | 325,000 |
| Noninterest expense | 266,000 | 547,000 | 838,000 | 1,150,000 |
| Provision for loan losses | 20,000 | 50,000 | 100,000 | 140,000 |
| Pretax income | 237,000 | 466,000 | 675,000 | 905,000 |
| Income tax | 104,000 | 164,000 | 223,000 | 319,000 |
| Net income | 133,000 | 302,000 | 452,000 | 586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,414,000 | 4,437,000 | 4,592,000 | 4,481,000 |
| Total capital | 4,828,000 | 4,856,000 | 5,000,000 | 4,878,000 |
| Risk-weighted assets | 33,703,000 | 33,517,000 | 32,530,000 | 31,644,000 |