Call reports 2003
1ST CONSTITUTION BANK — 2003
What 1ST CONSTITUTION 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 | 262,447,000 | 282,902,000 | 276,319,000 | 293,366,000 |
| Total loans | 155,419,000 | 178,648,000 | 160,980,000 | 179,356,000 |
| Allowance for loan losses | 1,730,000 | 1,785,000 | 1,751,000 | 1,787,000 |
| Securities available for sale | 72,878,000 | 83,058,000 | 73,547,000 | 84,217,000 |
| Securities held to maturity | 7,118,000 | 6,627,000 | 6,457,000 | 6,191,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,943,000 | 212,032,000 | 222,703,000 | 245,354,000 |
| Interest-bearing deposits | 174,060,000 | 168,828,000 | 180,809,000 | 202,692,000 |
| Noninterest-bearing deposits | 40,883,000 | 43,204,000 | 41,894,000 | 42,662,000 |
| Equity capital | 26,256,000 | 26,930,000 | 27,270,000 | 28,326,000 |
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 | 3,527,000 | 7,061,000 | 10,668,000 | 14,387,000 |
| Interest expense | 1,074,000 | 2,124,000 | 3,144,000 | 4,116,000 |
| Net interest income | 2,453,000 | 4,937,000 | 7,524,000 | 10,271,000 |
| Noninterest income | 660,000 | 1,470,000 | 2,344,000 | 2,957,000 |
| Noninterest expense | 1,860,000 | 3,818,000 | 5,824,000 | 7,693,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,193,000 | 2,469,000 | 3,864,000 | 5,295,000 |
| Income tax | 421,000 | 872,000 | 1,368,000 | 1,881,000 |
| Net income | 772,000 | 1,597,000 | 2,496,000 | 3,414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,618,000 | 26,414,000 | 27,357,000 | 28,176,000 |
| Total capital | 27,348,000 | 28,199,000 | 29,108,000 | 29,963,000 |
| Risk-weighted assets | 183,183,000 | 200,265,000 | 186,626,000 | 202,277,000 |