Call reports 2003
PORT WASHINGTON STATE BANK, THE — 2003
What PORT WASHINGTON 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 | 220,746,000 | 236,661,000 | 236,333,000 | 238,960,000 |
| Total loans | 152,322,000 | 159,200,000 | 165,298,000 | 171,487,000 |
| Allowance for loan losses | 1,781,000 | 1,831,000 | 1,877,000 | 1,895,000 |
| Securities available for sale | 52,969,000 | 56,752,000 | 57,361,000 | 51,573,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 196,825,000 | 212,032,000 | 211,116,000 | 219,076,000 |
| Interest-bearing deposits | 171,124,000 | 182,859,000 | 182,599,000 | 188,980,000 |
| Noninterest-bearing deposits | 25,700,000 | 29,173,000 | 28,516,000 | 30,096,000 |
| Equity capital | 18,659,000 | 19,208,000 | 19,594,000 | 18,397,000 |
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 | 3,103,000 | 6,141,000 | 9,328,000 | 12,340,000 |
| Interest expense | 901,000 | 1,825,000 | 2,807,000 | 3,732,000 |
| Net interest income | 2,202,000 | 4,316,000 | 6,521,000 | 8,608,000 |
| Noninterest income | 741,000 | 1,572,000 | 2,935,000 | 4,029,000 |
| Noninterest expense | 1,848,000 | 3,785,000 | 5,732,000 | 7,879,000 |
| Provision for loan losses | 20,000 | 70,000 | 130,000 | 190,000 |
| Pretax income | 1,075,000 | 2,033,000 | 3,594,000 | 4,568,000 |
| Income tax | 372,000 | 702,000 | 1,268,000 | 1,601,000 |
| Net income | 703,000 | 1,331,000 | 2,326,000 | 2,967,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,382,000 | 17,904,000 | 18,878,000 | 17,544,000 |
| Total capital | 19,163,000 | 19,736,000 | 20,755,000 | 19,439,000 |
| Risk-weighted assets | 158,625,000 | 167,474,000 | 167,441,000 | 170,134,000 |