Call reports 2003
SALISBURY BANK AND TRUST COMPANY — 2003
What SALISBURY BANK AND TRUST COMPANY 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 | 310,693,000 | 304,603,000 | 308,157,000 | 310,511,000 |
| Total loans | 141,460,000 | 143,248,000 | 146,164,000 | 141,503,000 |
| Allowance for loan losses | 1,480,000 | 1,516,000 | 1,436,000 | 1,664,000 |
| Securities available for sale | 150,738,000 | 141,592,000 | 137,699,000 | 143,020,000 |
| Securities held to maturity | 318,000 | 315,000 | 232,000 | 229,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,742,000 | 211,198,000 | 211,145,000 | 218,458,000 |
| Interest-bearing deposits | 171,634,000 | 171,143,000 | 172,211,000 | 175,311,000 |
| Noninterest-bearing deposits | 37,108,000 | 40,055,000 | 38,934,000 | 43,147,000 |
| Equity capital | 27,743,000 | 29,283,000 | 27,974,000 | 28,424,000 |
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 | 4,050,000 | 8,003,000 | 11,851,000 | 15,647,000 |
| Interest expense | 1,526,000 | 2,987,000 | 4,303,000 | 5,613,000 |
| Net interest income | 2,524,000 | 5,016,000 | 7,548,000 | 10,034,000 |
| Noninterest income | 644,000 | 1,307,000 | 2,050,000 | 2,924,000 |
| Noninterest expense | 1,985,000 | 3,906,000 | 5,976,000 | 8,501,000 |
| Provision for loan losses | 38,000 | 75,000 | 113,000 | 313,000 |
| Pretax income | 1,482,000 | 2,897,000 | 4,276,000 | 5,202,000 |
| Income tax | 417,000 | 807,000 | 1,168,000 | 1,300,000 |
| Net income | 1,065,000 | 2,090,000 | 3,108,000 | 3,902,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,965,000 | 23,673,000 | 24,067,000 | 24,311,000 |
| Total capital | 24,610,000 | 25,325,000 | 25,584,000 | 26,053,000 |
| Risk-weighted assets | 148,091,000 | 150,974,000 | 158,728,000 | 159,856,000 |