Call reports 2003
FIRSTBANK — 2003
What FIRSTBANK 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 | 198,929,000 | 202,518,000 | 210,670,000 | 230,288,000 |
| Total loans | 61,815,000 | 56,906,000 | 55,063,000 | 58,239,000 |
| Allowance for loan losses | 1,133,000 | 1,057,000 | 1,201,000 | 1,052,000 |
| Securities available for sale | 94,703,000 | 102,190,000 | 116,816,000 | 130,827,000 |
| Securities held to maturity | 24,562,000 | 25,269,000 | 25,356,000 | 25,436,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,426,000 | 183,520,000 | 192,662,000 | 199,472,000 |
| Interest-bearing deposits | 139,090,000 | 145,954,000 | 154,712,000 | 158,899,000 |
| Noninterest-bearing deposits | 43,336,000 | 37,566,000 | 37,950,000 | 40,573,000 |
| Equity capital | 11,201,000 | 12,394,000 | 12,579,000 | 14,195,000 |
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 | 2,518,000 | 4,864,000 | 7,061,000 | 9,295,000 |
| Interest expense | 567,000 | 1,169,000 | 1,787,000 | 2,442,000 |
| Net interest income | 1,951,000 | 3,695,000 | 5,274,000 | 6,853,000 |
| Noninterest income | 507,000 | 1,020,000 | 1,487,000 | 1,971,000 |
| Noninterest expense | 5,081,000 | 6,235,000 | 7,221,000 | 8,367,000 |
| Provision for loan losses | 27,000 | -40,000 | 273,000 | 288,000 |
| Pretax income | -2,650,000 | -1,478,000 | -731,000 | 171,000 |
| Income tax | -1,130,000 | -795,000 | -637,000 | -648,000 |
| Net income | -1,520,000 | -683,000 | -94,000 | 819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,114,000 | 10,951,000 | 11,539,000 | 12,453,000 |
| Total capital | 11,207,000 | 12,008,000 | 12,592,000 | 13,505,000 |
| Risk-weighted assets | 87,457,000 | 85,003,000 | 84,087,000 | 91,448,000 |