Call reports 2003
ADVANTAGE BANK — 2003
What ADVANTAGE 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 | 112,510,000 | 122,224,000 | 135,776,000 | 146,890,000 |
| Total loans | 98,761,000 | 106,834,000 | 121,358,000 | 131,286,000 |
| Allowance for loan losses | 1,049,000 | 1,130,000 | 1,260,000 | 1,360,000 |
| Securities available for sale | 2,002,000 | 2,328,000 | 2,124,000 | 2,532,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,751,000 | 106,358,000 | 118,750,000 | 124,025,000 |
| Interest-bearing deposits | 89,026,000 | 98,471,000 | 108,762,000 | 114,297,000 |
| Noninterest-bearing deposits | 7,725,000 | 7,887,000 | 9,988,000 | 9,728,000 |
| Equity capital | 12,196,000 | 12,353,000 | 12,604,000 | 18,387,000 |
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 | 2,085,000 | 4,234,000 | 6,690,000 | 9,195,000 |
| Interest expense | 723,000 | 1,501,000 | 2,213,000 | 2,968,000 |
| Net interest income | 1,362,000 | 2,733,000 | 4,477,000 | 6,227,000 |
| Noninterest income | 16,000 | 33,000 | 53,000 | 75,000 |
| Noninterest expense | 931,000 | 1,992,000 | 3,212,000 | 4,422,000 |
| Provision for loan losses | 122,000 | 203,000 | 333,000 | 433,000 |
| Pretax income | 325,000 | 571,000 | 985,000 | 1,447,000 |
| Income tax | 122,000 | 215,000 | 371,000 | 545,000 |
| Net income | 203,000 | 356,000 | 614,000 | 902,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,195,000 | 12,348,000 | 12,607,000 | 18,394,000 |
| Total capital | 13,244,000 | 13,478,000 | 13,867,000 | 19,754,000 |
| Risk-weighted assets | 100,598,000 | 108,179,000 | 121,905,000 | 132,352,000 |