Call reports 2003
FIRST NATIONAL BANK OF GROVE, THE — 2003
What FIRST NATIONAL BANK OF GROVE, 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 |
|---|---|---|---|
| Total assets | 52,076,000 | 53,833,000 | 52,062,000 |
| Total loans | 25,386,000 | 24,999,000 | 24,873,000 |
| Allowance for loan losses | 280,000 | 309,000 | 334,000 |
| Securities available for sale | 22,910,000 | 23,393,000 | 23,428,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 40,917,000 | 42,470,000 | 41,698,000 |
| Interest-bearing deposits | 39,215,000 | 39,619,000 | 39,055,000 |
| Noninterest-bearing deposits | 1,702,000 | 2,851,000 | 2,643,000 |
| Equity capital | 3,881,000 | 3,977,000 | 3,566,000 |
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 |
|---|---|---|---|
| Interest income | 706,000 | 1,423,000 | 2,124,000 |
| Interest expense | 238,000 | 478,000 | 700,000 |
| Net interest income | 468,000 | 945,000 | 1,424,000 |
| Noninterest income | 90,000 | 176,000 | 263,000 |
| Noninterest expense | 336,000 | 701,000 | 1,044,000 |
| Provision for loan losses | 44,000 | 97,000 | 144,000 |
| Pretax income | 256,000 | 423,000 | 601,000 |
| Income tax | 25,000 | 25,000 | 35,000 |
| Net income | 231,000 | 398,000 | 566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Tier 1 capital | 3,644,000 | 3,620,000 | 3,705,000 |
| Total capital | 3,924,000 | 3,929,000 | 4,039,000 |
| Risk-weighted assets | 27,385,000 | 27,582,000 | 27,521,000 |