Call reports 2003
TRUSTATLANTIC BANK — 2003
What TRUSTATLANTIC 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 | 20,955,000 | 23,190,000 | 25,379,000 | 24,986,000 |
| Total loans | 14,405,000 | 15,204,000 | 15,810,000 | 16,109,000 |
| Allowance for loan losses | 383,000 | 484,000 | 484,000 | 547,000 |
| Securities available for sale | 1,956,000 | 1,291,000 | 993,000 | 839,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,347,000 | 19,926,000 | 22,481,000 | 22,280,000 |
| Interest-bearing deposits | 15,420,000 | 17,825,000 | 20,482,000 | 20,403,000 |
| Noninterest-bearing deposits | 1,927,000 | 2,101,000 | 1,999,000 | 1,877,000 |
| Equity capital | 3,372,000 | 3,052,000 | 2,832,000 | 2,637,000 |
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 | 331,000 | 640,000 | 978,000 | 1,294,000 |
| Interest expense | 133,000 | 272,000 | 428,000 | 577,000 |
| Net interest income | 198,000 | 368,000 | 550,000 | 717,000 |
| Noninterest income | 51,000 | 108,000 | 159,000 | 204,000 |
| Noninterest expense | 289,000 | 600,000 | 926,000 | 1,258,000 |
| Provision for loan losses | 122,000 | 344,000 | 464,000 | 538,000 |
| Pretax income | -162,000 | -468,000 | -681,000 | -875,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -162,000 | -468,000 | -681,000 | -875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,323,000 | 3,017,000 | 2,804,000 | 2,609,000 |
| Total capital | 3,507,000 | 3,216,000 | 3,013,000 | 2,820,000 |
| Risk-weighted assets | 14,518,000 | 15,606,000 | 16,409,000 | 16,562,000 |