Call reports 2003
LOGAN BANK & TRUST COMPANY — 2003
What LOGAN BANK & TRUST COMPANY 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 | 175,637,000 | 172,488,000 | 178,227,000 | 173,290,000 |
| Total loans | 105,221,000 | 103,912,000 | 102,018,000 | 101,614,000 |
| Allowance for loan losses | 1,578,000 | 1,570,000 | 1,567,000 | 1,581,000 |
| Securities available for sale | 39,320,000 | 46,346,000 | 51,464,000 | 47,541,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,107,000 | 151,927,000 | 157,665,000 | 154,152,000 |
| Interest-bearing deposits | 127,629,000 | 125,189,000 | 127,417,000 | 124,046,000 |
| Noninterest-bearing deposits | 27,478,000 | 26,738,000 | 30,248,000 | 30,106,000 |
| Equity capital | 17,103,000 | 17,222,000 | 17,390,000 | 15,894,000 |
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 | 2,250,000 | 4,451,000 | 6,616,000 | 8,771,000 |
| Interest expense | 551,000 | 1,083,000 | 1,603,000 | 2,087,000 |
| Net interest income | 1,699,000 | 3,368,000 | 5,013,000 | 6,684,000 |
| Noninterest income | 246,000 | 493,000 | 724,000 | 918,000 |
| Noninterest expense | 1,096,000 | 2,209,000 | 3,299,000 | 4,566,000 |
| Provision for loan losses | 3,000 | 3,000 | 3,000 | 3,000 |
| Pretax income | 846,000 | 1,649,000 | 2,435,000 | 3,033,000 |
| Income tax | 305,000 | 594,000 | 877,000 | 1,072,000 |
| Net income | 541,000 | 1,055,000 | 1,558,000 | 1,961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,919,000 | 17,087,000 | 17,336,000 | 15,859,000 |
| Total capital | 18,085,000 | 18,230,000 | 18,498,000 | 17,046,000 |
| Risk-weighted assets | 92,896,000 | 91,035,000 | 92,594,000 | 94,549,000 |