Call reports 2003
FRIENDSHIP BANK — 2003
What FRIENDSHIP 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 | 106,588,000 | 96,972,000 | 88,642,000 | 83,955,000 |
| Total loans | 69,880,000 | 64,645,000 | 61,264,000 | 58,862,000 |
| Allowance for loan losses | 2,733,000 | 2,659,000 | 2,472,000 | 2,098,000 |
| Securities available for sale | 23,090,000 | 20,492,000 | 18,004,000 | 20,380,000 |
| Securities held to maturity | 785,000 | 672,000 | 546,000 | 533,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,123,000 | 82,773,000 | 75,465,000 | 71,027,000 |
| Interest-bearing deposits | 83,934,000 | 74,091,000 | 67,019,000 | 62,241,000 |
| Noninterest-bearing deposits | 8,189,000 | 8,682,000 | 8,446,000 | 8,786,000 |
| Equity capital | 9,180,000 | 8,911,000 | 8,286,000 | 8,333,000 |
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 | 1,480,000 | 2,968,000 | 4,340,000 | 5,775,000 |
| Interest expense | 743,000 | 1,359,000 | 1,882,000 | 2,325,000 |
| Net interest income | 737,000 | 1,609,000 | 2,458,000 | 3,450,000 |
| Noninterest income | 73,000 | -8,000 | 53,000 | 36,000 |
| Noninterest expense | 785,000 | 1,646,000 | 2,676,000 | 3,676,000 |
| Provision for loan losses | 354,000 | 554,000 | 704,000 | 729,000 |
| Pretax income | -329,000 | -627,000 | -941,000 | -1,003,000 |
| Income tax | 0 | 0 | 83,000 | -2,000 |
| Net income | -329,000 | -627,000 | -1,024,000 | -1,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,826,000 | 8,530,000 | 8,135,000 | 8,160,000 |
| Total capital | 9,706,000 | 9,341,000 | 8,891,000 | 8,879,000 |
| Risk-weighted assets | 68,582,000 | 63,038,000 | 58,782,000 | 56,146,000 |