Call reports 2003
SECURITY BUSINESS BANK OF SAN DIEGO — 2003
What SECURITY BUSINESS BANK OF SAN DIEGO 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 | 28,162,000 | 42,291,000 | 50,274,000 | 52,425,000 |
| Total loans | 12,969,000 | 15,553,000 | 24,569,000 | 33,733,000 |
| Allowance for loan losses | 208,000 | 241,000 | 310,000 | 440,000 |
| Securities available for sale | 2,002,000 | 6,161,000 | 5,148,000 | 4,495,000 |
| Securities held to maturity | 0 | 1,753,000 | 4,394,000 | 2,497,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,082,000 | 34,589,000 | 42,881,000 | 42,476,000 |
| Interest-bearing deposits | 13,983,000 | 26,907,000 | 28,089,000 | 27,351,000 |
| Noninterest-bearing deposits | 6,099,000 | 7,682,000 | 14,792,000 | 15,125,000 |
| Equity capital | 7,963,000 | 7,572,000 | 7,254,000 | 6,817,000 |
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 | 188,000 | 501,000 | 906,000 | 1,477,000 |
| Interest expense | 29,000 | 98,000 | 180,000 | 257,000 |
| Net interest income | 159,000 | 403,000 | 726,000 | 1,220,000 |
| Noninterest income | 22,000 | 48,000 | 71,000 | 100,000 |
| Noninterest expense | 581,000 | 1,183,000 | 1,814,000 | 2,620,000 |
| Provision for loan losses | 53,000 | 86,000 | 155,000 | 285,000 |
| Pretax income | -453,000 | -818,000 | -1,182,000 | -1,595,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 0 |
| Net income | -455,000 | -820,000 | -1,184,000 | -1,595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,563,000 | 7,225,000 | 6,859,000 | 6,606,000 |
| Total capital | 7,771,000 | 7,466,000 | 7,178,000 | 7,046,000 |
| Risk-weighted assets | 18,696,000 | 26,597,000 | 33,264,000 | 44,284,000 |