Call reports 2003
GRAND BANK & TRUST OF FLORIDA — 2003
What GRAND BANK & TRUST OF FLORIDA 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 | 160,854,000 | 160,077,000 | 172,746,000 | 198,448,000 |
| Total loans | 114,023,000 | 124,057,000 | 137,304,000 | 150,357,000 |
| Allowance for loan losses | 1,500,000 | 1,675,000 | 1,870,000 | 2,100,000 |
| Securities available for sale | 23,370,000 | 11,817,000 | 14,223,000 | 19,921,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,157,000 | 140,062,000 | 148,496,000 | 174,971,000 |
| Interest-bearing deposits | 94,519,000 | 95,910,000 | 102,773,000 | 124,028,000 |
| Noninterest-bearing deposits | 47,638,000 | 44,152,000 | 45,723,000 | 50,943,000 |
| Equity capital | 15,729,000 | 15,860,000 | 16,061,000 | 16,375,000 |
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 | 1,925,000 | 3,931,000 | 6,092,000 | 8,538,000 |
| Interest expense | 418,000 | 805,000 | 1,124,000 | 1,537,000 |
| Net interest income | 1,507,000 | 3,126,000 | 4,968,000 | 7,001,000 |
| Noninterest income | 449,000 | 851,000 | 1,323,000 | 1,753,000 |
| Noninterest expense | 1,695,000 | 3,376,000 | 5,051,000 | 6,860,000 |
| Provision for loan losses | 178,000 | 356,000 | 574,000 | 780,000 |
| Pretax income | 132,000 | 349,000 | 784,000 | 1,232,000 |
| Income tax | 47,000 | 129,000 | 292,000 | 459,000 |
| Net income | 85,000 | 220,000 | 492,000 | 773,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,701,000 | 15,837,000 | 16,108,000 | 16,389,000 |
| Total capital | 17,201,000 | 17,512,000 | 17,978,000 | 18,489,000 |
| Risk-weighted assets | 132,476,000 | 145,688,000 | 158,152,000 | 173,504,000 |