Call reports 2003
FIRST MOUNTAIN BANK — 2003
What FIRST MOUNTAIN 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 | 20,423,000 | 20,921,000 | 22,666,000 | 21,089,000 |
| Total loans | 14,246,000 | 14,018,000 | 13,727,000 | 13,158,000 |
| Allowance for loan losses | 231,000 | 213,000 | 225,000 | 227,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 543,000 | 543,000 | 544,000 | 299,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,284,000 | 15,414,000 | 17,326,000 | 15,434,000 |
| Interest-bearing deposits | 12,371,000 | 12,426,000 | 14,147,000 | 12,252,000 |
| Noninterest-bearing deposits | 2,913,000 | 2,988,000 | 3,179,000 | 3,182,000 |
| Equity capital | 1,475,000 | 1,472,000 | 1,495,000 | 1,504,000 |
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 | 406,000 | 802,000 | 1,199,000 | 1,584,000 |
| Interest expense | 74,000 | 146,000 | 209,000 | 271,000 |
| Net interest income | 332,000 | 656,000 | 990,000 | 1,313,000 |
| Noninterest income | 48,000 | 90,000 | 135,000 | 184,000 |
| Noninterest expense | 243,000 | 490,000 | 742,000 | 1,013,000 |
| Provision for loan losses | 7,000 | 19,000 | 37,000 | 40,000 |
| Pretax income | 130,000 | 237,000 | 346,000 | 444,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 130,000 | 237,000 | 346,000 | 444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,475,000 | 1,472,000 | 1,495,000 | 1,504,000 |
| Total capital | 1,616,000 | 1,611,000 | 1,635,000 | 1,641,000 |
| Risk-weighted assets | 11,222,000 | 11,082,000 | 11,090,000 | 10,891,000 |