Call reports 2003
OLD FORT BANKING COMPANY, THE — 2003
What OLD FORT BANKING COMPANY, 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 | 279,596,000 | 284,462,000 | 290,574,000 | 293,870,000 |
| Total loans | 179,561,000 | 192,895,000 | 201,955,000 | 202,795,000 |
| Allowance for loan losses | 2,457,000 | 2,564,000 | 2,876,000 | 2,636,000 |
| Securities available for sale | 74,496,000 | 71,223,000 | 64,963,000 | 69,703,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 241,942,000 | 244,120,000 | 248,304,000 | 246,372,000 |
| Interest-bearing deposits | 222,862,000 | 221,612,000 | 227,175,000 | 225,765,000 |
| Noninterest-bearing deposits | 19,079,000 | 22,509,000 | 21,129,000 | 20,607,000 |
| Equity capital | 25,207,000 | 25,684,000 | 25,656,000 | 25,481,000 |
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 | 3,795,000 | 7,578,000 | 11,246,000 | 14,993,000 |
| Interest expense | 1,316,000 | 2,557,000 | 3,691,000 | 4,817,000 |
| Net interest income | 2,479,000 | 5,021,000 | 7,555,000 | 10,176,000 |
| Noninterest income | 651,000 | 1,409,000 | 2,009,000 | 2,576,000 |
| Noninterest expense | 1,979,000 | 4,083,000 | 6,117,000 | 8,119,000 |
| Provision for loan losses | 399,000 | 514,000 | 884,000 | 2,050,000 |
| Pretax income | 1,076,000 | 2,208,000 | 3,350,000 | 3,674,000 |
| Income tax | 230,000 | 488,000 | 743,000 | 733,000 |
| Net income | 846,000 | 1,720,000 | 2,607,000 | 2,941,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,877,000 | 23,784,000 | 24,670,000 | 24,729,000 |
| Total capital | 26,334,000 | 26,348,000 | 27,531,000 | 27,365,000 |
| Risk-weighted assets | 208,397,000 | 219,950,000 | 228,889,000 | 227,703,000 |