Call reports 2003
WORLD'S FOREMOST BANK — 2003
What WORLD'S FOREMOST 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 | 152,623,000 | 142,737,000 | 156,529,000 | 173,221,000 |
| Total loans | 59,545,000 | 42,009,000 | 55,681,000 | 29,123,000 |
| Allowance for loan losses | 985,000 | 985,000 | 970,000 | 1,110,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 342,000 | 1,196,000 | 1,635,000 | 3,550,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,439,000 | 78,464,000 | 80,164,000 | 81,664,000 |
| Interest-bearing deposits | 73,439,000 | 78,464,000 | 80,164,000 | 81,664,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 36,717,000 | 40,677,000 | 44,693,000 | 48,420,000 |
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 | 2,265,000 | 3,954,000 | 6,161,000 | 8,424,000 |
| Interest expense | 881,000 | 1,750,000 | 2,481,000 | 3,227,000 |
| Net interest income | 1,384,000 | 2,204,000 | 3,680,000 | 5,197,000 |
| Noninterest income | 17,941,000 | 41,148,000 | 65,324,000 | 93,337,000 |
| Noninterest expense | 14,240,000 | 32,375,000 | 51,639,000 | 74,854,000 |
| Provision for loan losses | 769,000 | 852,000 | 1,049,000 | 1,412,000 |
| Pretax income | 4,316,000 | 10,125,000 | 16,316,000 | 22,268,000 |
| Income tax | 1,712,000 | 3,561,000 | 5,736,000 | 7,961,000 |
| Net income | 2,604,000 | 6,564,000 | 10,580,000 | 14,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,604,000 | 40,579,000 | 44,609,000 | 48,350,000 |
| Total capital | 37,589,000 | 41,564,000 | 45,579,000 | 49,460,000 |
| Risk-weighted assets | 229,048,000 | 189,401,000 | 208,410,000 | 187,344,000 |