Call reports 2003
NATIONAL BANK OF VERNON, THE — 2003
What NATIONAL BANK OF VERNON, 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 | 65,287,000 | 65,920,000 | 65,930,000 | 65,876,000 |
| Total loans | 32,875,000 | 33,953,000 | 33,510,000 | 34,954,000 |
| Allowance for loan losses | 348,000 | 374,000 | 386,000 | 399,000 |
| Securities available for sale | 19,941,000 | 22,413,000 | 22,765,000 | 20,874,000 |
| Securities held to maturity | 3,385,000 | 3,380,000 | 3,203,000 | 3,169,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,004,000 | 57,390,000 | 57,713,000 | 57,758,000 |
| Interest-bearing deposits | 45,276,000 | 45,990,000 | 46,329,000 | 45,563,000 |
| Noninterest-bearing deposits | 11,728,000 | 11,400,000 | 11,384,000 | 12,195,000 |
| Equity capital | 7,403,000 | 7,541,000 | 7,362,000 | 7,311,000 |
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 | 826,000 | 1,665,000 | 2,494,000 | 3,347,000 |
| Interest expense | 208,000 | 403,000 | 585,000 | 763,000 |
| Net interest income | 618,000 | 1,262,000 | 1,909,000 | 2,584,000 |
| Noninterest income | 99,000 | 182,000 | 325,000 | 430,000 |
| Noninterest expense | 611,000 | 1,211,000 | 1,831,000 | 2,470,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 94,000 |
| Pretax income | 105,000 | 259,000 | 414,000 | 596,000 |
| Income tax | 27,000 | 75,000 | 120,000 | 132,000 |
| Net income | 78,000 | 184,000 | 294,000 | 464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,982,000 | 7,019,000 | 7,060,000 | 7,038,000 |
| Total capital | 7,330,000 | 7,393,000 | 7,446,000 | 7,437,000 |
| Risk-weighted assets | 32,856,000 | 33,631,000 | 33,757,000 | 33,821,000 |