Call reports 2003
FLAG BANK — 2003
What FLAG 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 | 644,240,000 | 618,099,000 | 648,307,000 | 698,114,000 |
| Total loans | 386,913,000 | 412,539,000 | 445,908,000 | 493,586,000 |
| Allowance for loan losses | 6,402,000 | 6,441,000 | 6,787,000 | 6,685,000 |
| Securities available for sale | 126,566,000 | 108,617,000 | 123,452,000 | 122,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 524,352,000 | 499,120,000 | 513,630,000 | 571,544,000 |
| Interest-bearing deposits | 506,939,000 | 455,817,000 | 470,116,000 | 517,457,000 |
| Noninterest-bearing deposits | 17,413,000 | 43,303,000 | 43,514,000 | 54,087,000 |
| Equity capital | 56,844,000 | 58,239,000 | 59,072,000 | 60,444,000 |
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 | 9,080,000 | 17,720,000 | 26,811,000 | 36,109,000 |
| Interest expense | 2,844,000 | 5,443,000 | 7,919,000 | 10,512,000 |
| Net interest income | 6,236,000 | 12,277,000 | 18,892,000 | 25,597,000 |
| Noninterest income | 2,366,000 | 5,983,000 | 8,310,000 | 10,228,000 |
| Noninterest expense | 6,234,000 | 13,280,000 | 19,722,000 | 25,993,000 |
| Provision for loan losses | 256,000 | 571,000 | 946,000 | 1,321,000 |
| Pretax income | 2,199,000 | 4,416,000 | 6,546,000 | 8,523,000 |
| Income tax | 659,000 | 1,380,000 | 2,029,000 | 2,611,000 |
| Net income | 1,540,000 | 3,036,000 | 4,517,000 | 5,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,989,000 | 43,507,000 | 45,008,000 | 46,424,000 |
| Total capital | 47,744,000 | 49,494,000 | 51,413,000 | 53,109,000 |
| Risk-weighted assets | 459,765,000 | 478,479,000 | 512,028,000 | 542,986,000 |