Call reports 2003
HARVARD STATE BANK — 2003
What HARVARD 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 | 33,395,000 | 33,874,000 | 32,869,000 | 31,250,000 |
| Total loans | 25,648,000 | 25,995,000 | 27,239,000 | 24,835,000 |
| Allowance for loan losses | 298,000 | 298,000 | 297,000 | 303,000 |
| Securities available for sale | 2,316,000 | 2,586,000 | 2,595,000 | 2,700,000 |
| Securities held to maturity | 692,000 | 441,000 | 430,000 | 345,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,854,000 | 24,565,000 | 23,414,000 | 22,491,000 |
| Interest-bearing deposits | 23,146,000 | 22,779,000 | 21,584,000 | 19,871,000 |
| Noninterest-bearing deposits | 1,708,000 | 1,786,000 | 1,830,000 | 2,620,000 |
| Equity capital | 4,141,000 | 4,168,000 | 4,267,000 | 4,226,000 |
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 | 527,000 | 996,000 | 1,512,000 | 2,013,000 |
| Interest expense | 205,000 | 391,000 | 559,000 | 702,000 |
| Net interest income | 322,000 | 605,000 | 953,000 | 1,311,000 |
| Noninterest income | 41,000 | 73,000 | 117,000 | 162,000 |
| Noninterest expense | 201,000 | 478,000 | 682,000 | 1,055,000 |
| Provision for loan losses | 0 | 0 | 18,000 | 48,000 |
| Pretax income | 162,000 | 200,000 | 370,000 | 370,000 |
| Income tax | 54,000 | 71,000 | 128,000 | 110,000 |
| Net income | 108,000 | 129,000 | 242,000 | 260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,123,000 | 4,144,000 | 4,257,000 | 4,221,000 |
| Total capital | 4,421,000 | 4,442,000 | 4,554,000 | 4,524,000 |
| Risk-weighted assets | 26,972,000 | 27,613,000 | 28,747,000 | 26,696,000 |