Call reports 2003
SUNDOWN STATE BANK — 2003
What SUNDOWN STATE 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 | 56,169,000 | 54,936,000 | 59,640,000 | 58,938,000 |
| Total loans | 27,681,000 | 34,234,000 | 37,919,000 | 31,189,000 |
| Allowance for loan losses | 288,000 | 256,000 | 256,000 | 237,000 |
| Securities available for sale | 137,000 | 256,000 | 251,000 | 251,000 |
| Securities held to maturity | 12,906,000 | 13,627,000 | 15,913,000 | 15,913,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,864,000 | 50,379,000 | 53,138,000 | 54,491,000 |
| Interest-bearing deposits | 33,754,000 | 34,131,000 | 34,837,000 | 36,618,000 |
| Noninterest-bearing deposits | 18,110,000 | 16,248,000 | 18,301,000 | 17,873,000 |
| Equity capital | 4,263,000 | 4,490,000 | 4,804,000 | 4,395,000 |
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 | 687,000 | 1,471,000 | 2,318,000 | 3,145,000 |
| Interest expense | 159,000 | 299,000 | 425,000 | 535,000 |
| Net interest income | 528,000 | 1,172,000 | 1,893,000 | 2,610,000 |
| Noninterest income | 192,000 | 354,000 | 537,000 | 713,000 |
| Noninterest expense | 549,000 | 1,095,000 | 1,685,000 | 2,515,000 |
| Provision for loan losses | 20,000 | 38,000 | 35,000 | 37,000 |
| Pretax income | 151,000 | 394,000 | 711,000 | 772,000 |
| Income tax | 0 | 15,000 | 15,000 | 23,000 |
| Net income | 151,000 | 379,000 | 696,000 | 749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,262,000 | 4,490,000 | 4,807,000 | 4,397,000 |
| Total capital | 4,550,000 | 4,746,000 | 5,063,000 | 4,634,000 |
| Risk-weighted assets | 40,443,000 | 35,732,000 | 38,463,000 | 36,844,000 |