Call reports 2003
MORRIS STATE BANK, THE — 2003
What MORRIS STATE BANK, THE 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 | 43,190,000 | 43,020,000 | 43,689,000 | 44,294,000 |
| Total loans | 33,771,000 | 34,666,000 | 35,637,000 | 36,403,000 |
| Allowance for loan losses | 301,000 | 317,000 | 293,000 | 321,000 |
| Securities available for sale | 4,994,000 | 3,910,000 | 3,092,000 | 2,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,078,000 | 36,835,000 | 37,476,000 | 38,088,000 |
| Interest-bearing deposits | 32,003,000 | 31,525,000 | 31,908,000 | 32,752,000 |
| Noninterest-bearing deposits | 5,075,000 | 5,310,000 | 5,568,000 | 5,336,000 |
| Equity capital | 3,442,000 | 3,635,000 | 3,664,000 | 3,647,000 |
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 | 799,000 | 1,603,000 | 2,406,000 | 3,216,000 |
| Interest expense | 230,000 | 447,000 | 649,000 | 837,000 |
| Net interest income | 569,000 | 1,156,000 | 1,757,000 | 2,379,000 |
| Noninterest income | 116,000 | 291,000 | 402,000 | 508,000 |
| Noninterest expense | 379,000 | 705,000 | 1,068,000 | 1,453,000 |
| Provision for loan losses | 25,000 | 55,000 | 100,000 | 165,000 |
| Pretax income | 281,000 | 687,000 | 991,000 | 1,269,000 |
| Income tax | 113,000 | 253,000 | 371,000 | 503,000 |
| Net income | 168,000 | 434,000 | 620,000 | 766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,402,000 | 3,593,000 | 3,639,000 | 3,625,000 |
| Total capital | 3,703,000 | 3,910,000 | 3,932,000 | 3,946,000 |
| Risk-weighted assets | 31,298,000 | 31,753,000 | 32,274,000 | 32,887,000 |