Call reports 2003
ALDEN STATE BANK — 2003
What ALDEN STATE 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 | 178,460,000 | 184,291,000 | 187,063,000 | 184,697,000 |
| Total loans | 123,753,000 | 135,218,000 | 144,082,000 | 157,041,000 |
| Allowance for loan losses | 1,887,000 | 2,075,000 | 2,259,000 | 2,191,000 |
| Securities available for sale | 1,626,000 | 1,109,000 | 1,104,000 | 586,000 |
| Securities held to maturity | 6,258,000 | 8,131,000 | 8,130,000 | 8,398,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,886,000 | 163,887,000 | 165,950,000 | 163,701,000 |
| Interest-bearing deposits | 142,090,000 | 143,524,000 | 144,825,000 | 143,249,000 |
| Noninterest-bearing deposits | 15,796,000 | 20,363,000 | 21,125,000 | 20,452,000 |
| Equity capital | 14,230,000 | 14,552,000 | 15,178,000 | 15,302,000 |
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 | 2,817,000 | 5,702,000 | 8,723,000 | 11,767,000 |
| Interest expense | 1,062,000 | 2,029,000 | 2,878,000 | 3,675,000 |
| Net interest income | 1,755,000 | 3,673,000 | 5,845,000 | 8,092,000 |
| Noninterest income | 218,000 | 457,000 | 651,000 | 837,000 |
| Noninterest expense | 1,128,000 | 2,294,000 | 3,441,000 | 4,961,000 |
| Provision for loan losses | 205,000 | 430,000 | 730,000 | 1,105,000 |
| Pretax income | 640,000 | 1,406,000 | 2,325,000 | 2,863,000 |
| Income tax | 205,000 | 416,000 | 710,000 | 884,000 |
| Net income | 435,000 | 990,000 | 1,615,000 | 1,979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,200,000 | 14,529,000 | 15,154,000 | 15,288,000 |
| Total capital | 15,617,000 | 16,045,000 | 16,749,000 | 16,998,000 |
| Risk-weighted assets | 112,882,000 | 120,683,000 | 126,903,000 | 136,323,000 |