Call reports 2003
CUMBERLAND BANK & TRUST — 2003
What CUMBERLAND BANK & TRUST 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 | 49,276,000 | 57,678,000 | 61,889,000 | 63,501,000 |
| Total loans | 36,755,000 | 44,329,000 | 47,773,000 | 48,400,000 |
| Allowance for loan losses | 459,000 | 582,000 | 603,000 | 616,000 |
| Securities available for sale | 8,694,000 | 8,452,000 | 8,084,000 | 8,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,825,000 | 46,354,000 | 48,970,000 | 50,201,000 |
| Interest-bearing deposits | 36,056,000 | 41,260,000 | 44,293,000 | 45,350,000 |
| Noninterest-bearing deposits | 4,769,000 | 5,094,000 | 4,677,000 | 4,851,000 |
| Equity capital | 7,163,000 | 7,170,000 | 6,962,000 | 7,083,000 |
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 | 678,000 | 1,442,000 | 2,282,000 | 3,149,000 |
| Interest expense | 261,000 | 554,000 | 876,000 | 1,204,000 |
| Net interest income | 417,000 | 888,000 | 1,406,000 | 1,945,000 |
| Noninterest income | 36,000 | 91,000 | 143,000 | 189,000 |
| Noninterest expense | 364,000 | 795,000 | 1,215,000 | 1,642,000 |
| Provision for loan losses | 88,000 | 215,000 | 462,000 | 475,000 |
| Pretax income | -10,000 | -3,000 | -100,000 | 68,000 |
| Income tax | 4,000 | 11,000 | 15,000 | 21,000 |
| Net income | -14,000 | -14,000 | -115,000 | 47,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,995,000 | 6,995,000 | 6,894,000 | 7,055,000 |
| Total capital | 7,448,000 | 7,530,000 | 7,453,000 | 7,617,000 |
| Risk-weighted assets | 36,224,000 | 42,731,000 | 44,642,000 | 44,912,000 |