Call reports 2003
PITNEY BOWES BANK INC., THE — 2003
What PITNEY BOWES BANK INC., THE 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 | 482,221,000 | 503,955,000 | 503,750,000 | 521,846,000 |
| Total loans | 350,437,000 | 352,250,000 | 348,472,000 | 356,871,000 |
| Allowance for loan losses | 12,825,000 | 13,840,000 | 15,092,000 | 15,657,000 |
| Securities available for sale | 97,374,000 | 120,570,000 | 120,844,000 | 126,483,000 |
| Securities held to maturity | 2,556,000 | 2,556,000 | 2,520,000 | 2,519,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 399,049,000 | 403,315,000 | 418,793,000 | 437,038,000 |
| Interest-bearing deposits | 359,339,000 | 368,698,000 | 381,184,000 | 396,102,000 |
| Noninterest-bearing deposits | 39,711,000 | 34,617,000 | 37,609,000 | 40,936,000 |
| Equity capital | 58,080,000 | 46,522,000 | 50,733,000 | 44,238,000 |
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 | 30,565,000 | 60,336,000 | 90,791,000 | 125,665,000 |
| Interest expense | 351,000 | 518,000 | 679,000 | 830,000 |
| Net interest income | 30,214,000 | 59,818,000 | 90,112,000 | 124,835,000 |
| Noninterest income | 2,842,000 | 5,871,000 | 11,541,000 | 14,568,000 |
| Noninterest expense | 265,000 | 843,000 | 954,000 | 1,420,000 |
| Provision for loan losses | 3,158,000 | 8,626,000 | 13,799,000 | 17,926,000 |
| Pretax income | 29,633,000 | 56,220,000 | 86,900,000 | 120,057,000 |
| Income tax | 11,333,000 | 21,503,000 | 31,222,000 | 43,474,000 |
| Net income | 18,300,000 | 34,717,000 | 55,678,000 | 76,583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,080,000 | 46,522,000 | 50,733,000 | 44,238,000 |
| Total capital | 63,894,000 | 52,660,000 | 56,957,000 | 49,958,000 |
| Risk-weighted assets | 458,086,000 | 483,305,000 | 489,089,000 | 447,665,000 |