Call reports 2003
MOUNTAINBANK — 2003
What MOUNTAINBANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Total assets | 843,810,000 | 882,026,000 | 877,804,000 |
| Total loans | 717,551,000 | 730,724,000 | 734,837,000 |
| Allowance for loan losses | 10,729,000 | 11,600,000 | 12,152,000 |
| Securities available for sale | 52,460,000 | 72,314,000 | 80,065,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 701,412,000 | 735,559,000 | 730,788,000 |
| Interest-bearing deposits | 635,442,000 | 657,252,000 | 640,776,000 |
| Noninterest-bearing deposits | 65,970,000 | 78,307,000 | 90,012,000 |
| Equity capital | 67,319,000 | 69,502,000 | 70,914,000 |
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 |
|---|---|---|---|
| Interest income | 12,593,000 | 24,977,000 | 37,319,000 |
| Interest expense | 4,665,000 | 9,117,000 | 13,057,000 |
| Net interest income | 7,928,000 | 15,860,000 | 24,262,000 |
| Noninterest income | 2,074,000 | 4,366,000 | 6,764,000 |
| Noninterest expense | 5,241,000 | 11,212,000 | 17,785,000 |
| Provision for loan losses | 1,375,000 | 2,380,000 | 3,780,000 |
| Pretax income | 3,553,000 | 6,801,000 | 9,628,000 |
| Income tax | 1,350,000 | 2,584,000 | 3,659,000 |
| Net income | 2,203,000 | 4,217,000 | 5,969,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Tier 1 capital | 64,682,000 | 66,856,000 | 68,714,000 |
| Total capital | 73,912,000 | 76,382,000 | 78,411,000 |
| Risk-weighted assets | 736,940,000 | 760,029,000 | 773,337,000 |