Call reports 2003
TITAN BANK, N.A. — 2003
What TITAN BANK, N.A. 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 | 39,570,000 | 41,978,000 | 42,671,000 | 43,203,000 |
| Total loans | 17,695,000 | 18,557,000 | 19,381,000 | 21,854,000 |
| Allowance for loan losses | 233,000 | 241,000 | 261,000 | 265,000 |
| Securities available for sale | 14,426,000 | 15,954,000 | 15,462,000 | 16,553,000 |
| Securities held to maturity | 904,000 | 903,000 | 903,000 | 903,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,237,000 | 38,446,000 | 39,356,000 | 39,804,000 |
| Interest-bearing deposits | 32,632,000 | 33,751,000 | 34,758,000 | 35,882,000 |
| Noninterest-bearing deposits | 3,605,000 | 4,695,000 | 4,598,000 | 3,922,000 |
| Equity capital | 3,220,000 | 3,367,000 | 3,254,000 | 3,327,000 |
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 | 561,000 | 1,162,000 | 1,771,000 | 2,406,000 |
| Interest expense | 225,000 | 459,000 | 696,000 | 937,000 |
| Net interest income | 336,000 | 703,000 | 1,075,000 | 1,469,000 |
| Noninterest income | 91,000 | 197,000 | 307,000 | 395,000 |
| Noninterest expense | 273,000 | 592,000 | 897,000 | 1,249,000 |
| Provision for loan losses | 10,000 | 26,000 | 61,000 | 90,000 |
| Pretax income | 144,000 | 282,000 | 427,000 | 528,000 |
| Income tax | 32,000 | 62,000 | 90,000 | 106,000 |
| Net income | 112,000 | 220,000 | 337,000 | 422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,078,000 | 3,126,000 | 3,244,000 | 3,279,000 |
| Total capital | 3,311,000 | 3,367,000 | 3,505,000 | 3,544,000 |
| Risk-weighted assets | 21,278,000 | 22,096,000 | 22,416,000 | 24,066,000 |