Call reports 2003
CARDINAL BANK — 2003
What CARDINAL 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 | 481,081,000 | 516,238,000 | 560,418,000 | 630,414,000 |
| Total loans | 252,038,000 | 264,432,000 | 291,596,000 | 336,002,000 |
| Allowance for loan losses | 3,431,000 | 3,582,000 | 3,943,000 | 4,344,000 |
| Securities available for sale | 198,452,000 | 230,004,000 | 97,174,000 | 130,762,000 |
| Securities held to maturity | 0 | 0 | 145,892,000 | 142,852,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 421,000,000 | 442,100,000 | 461,509,000 | 476,256,000 |
| Interest-bearing deposits | 349,576,000 | 404,392,000 | 418,080,000 | 450,610,000 |
| Noninterest-bearing deposits | 71,424,000 | 37,708,000 | 43,429,000 | 25,646,000 |
| Equity capital | 32,839,000 | 34,646,000 | 34,236,000 | 36,112,000 |
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 | 5,772,000 | 11,623,000 | 17,786,000 | 24,605,000 |
| Interest expense | 2,340,000 | 4,709,000 | 7,073,000 | 9,525,000 |
| Net interest income | 3,432,000 | 6,914,000 | 10,713,000 | 15,080,000 |
| Noninterest income | 357,000 | 762,000 | 1,274,000 | 1,619,000 |
| Noninterest expense | 3,390,000 | 6,606,000 | 9,802,000 | 13,296,000 |
| Provision for loan losses | 80,000 | 246,000 | 602,000 | 1,001,000 |
| Pretax income | 812,000 | 1,734,000 | 2,784,000 | 3,766,000 |
| Income tax | 0 | 0 | 0 | -464,000 |
| Net income | 812,000 | 1,734,000 | 2,784,000 | 4,230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,199,000 | 33,121,000 | 35,171,000 | 36,617,000 |
| Total capital | 35,704,000 | 36,777,000 | 39,188,000 | 41,035,000 |
| Risk-weighted assets | 309,132,000 | 340,036,000 | 370,061,000 | 427,997,000 |