Call reports 2003
AMERICAN COMMUNITY BANK — 2003
What AMERICAN COMMUNITY 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 | 45,278,000 | 51,593,000 | 46,560,000 | 47,736,000 |
| Total loans | 22,764,000 | 26,916,000 | 27,572,000 | 29,483,000 |
| Allowance for loan losses | 420,000 | 465,000 | 505,000 | 550,000 |
| Securities available for sale | 17,644,000 | 17,146,000 | 16,589,000 | 15,608,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,548,000 | 44,850,000 | 39,790,000 | 40,962,000 |
| Interest-bearing deposits | 32,657,000 | 36,828,000 | 31,503,000 | 31,388,000 |
| Noninterest-bearing deposits | 5,891,000 | 8,022,000 | 8,287,000 | 9,574,000 |
| Equity capital | 6,603,000 | 6,645,000 | 6,639,000 | 6,589,000 |
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 | 610,000 | 1,254,000 | 1,912,000 | 2,597,000 |
| Interest expense | 140,000 | 273,000 | 391,000 | 502,000 |
| Net interest income | 470,000 | 981,000 | 1,521,000 | 2,095,000 |
| Noninterest income | 21,000 | 43,000 | 68,000 | 96,000 |
| Noninterest expense | 368,000 | 777,000 | 1,200,000 | 1,616,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 78,000 | 157,000 | 254,000 | 395,000 |
| Income tax | 34,000 | 68,000 | 109,000 | 169,000 |
| Net income | 44,000 | 89,000 | 145,000 | 226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,481,000 | 6,536,000 | 6,581,000 | 6,663,000 |
| Total capital | 6,814,000 | 6,926,000 | 6,967,000 | 7,075,000 |
| Risk-weighted assets | 26,606,000 | 31,167,000 | 30,917,000 | 32,824,000 |