Call reports 2003
CLARE BANK, NATIONAL ASSOCIATION — 2003
What CLARE BANK, NATIONAL ASSOCIATION 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 | 170,947,000 | 173,051,000 | 175,201,000 | 178,800,000 |
| Total loans | 98,490,000 | 98,762,000 | 99,371,000 | 99,458,000 |
| Allowance for loan losses | 788,000 | 788,000 | 778,000 | 793,000 |
| Securities available for sale | 61,247,000 | 63,304,000 | 64,321,000 | 63,487,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,624,000 | 152,972,000 | 155,794,000 | 159,827,000 |
| Interest-bearing deposits | 135,453,000 | 135,713,000 | 137,186,000 | 139,894,000 |
| Noninterest-bearing deposits | 15,171,000 | 17,259,000 | 18,608,000 | 19,933,000 |
| Equity capital | 13,258,000 | 13,649,000 | 13,152,000 | 13,146,000 |
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 | 2,197,000 | 4,322,000 | 6,363,000 | 8,421,000 |
| Interest expense | 945,000 | 1,814,000 | 2,631,000 | 3,426,000 |
| Net interest income | 1,252,000 | 2,508,000 | 3,732,000 | 4,995,000 |
| Noninterest income | 126,000 | 251,000 | 384,000 | 521,000 |
| Noninterest expense | 705,000 | 1,415,000 | 2,120,000 | 2,870,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 673,000 | 1,344,000 | 1,996,000 | 2,646,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 673,000 | 1,344,000 | 1,996,000 | 2,646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,735,000 | 11,784,000 | 11,844,000 | 11,952,000 |
| Total capital | 12,523,000 | 12,572,000 | 12,622,000 | 12,745,000 |
| Risk-weighted assets | 91,840,000 | 80,781,000 | 80,885,000 | 81,483,000 |