Call reports 2003
POLK COUNTY BANK — 2003
What POLK COUNTY 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 | 97,670,000 | 96,755,000 | 97,624,000 | 99,201,000 |
| Total loans | 80,576,000 | 81,906,000 | 83,424,000 | 86,739,000 |
| Allowance for loan losses | 1,158,000 | 1,109,000 | 1,163,000 | 1,102,000 |
| Securities available for sale | 4,937,000 | 4,883,000 | 5,064,000 | 5,025,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,225,000 | 84,899,000 | 85,617,000 | 87,719,000 |
| Interest-bearing deposits | 73,140,000 | 71,872,000 | 72,305,000 | 73,864,000 |
| Noninterest-bearing deposits | 12,085,000 | 13,027,000 | 13,312,000 | 13,855,000 |
| Equity capital | 7,142,000 | 7,322,000 | 7,504,000 | 7,535,000 |
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 | 1,687,000 | 3,533,000 | 5,342,000 | 6,826,000 |
| Interest expense | 480,000 | 930,000 | 1,368,000 | 1,777,000 |
| Net interest income | 1,207,000 | 2,603,000 | 3,974,000 | 5,049,000 |
| Noninterest income | 152,000 | 342,000 | 524,000 | 981,000 |
| Noninterest expense | 774,000 | 1,548,000 | 2,424,000 | 3,381,000 |
| Provision for loan losses | 110,000 | 356,000 | 430,000 | 530,000 |
| Pretax income | 475,000 | 1,041,000 | 1,644,000 | 2,119,000 |
| Income tax | 157,000 | 361,000 | 571,000 | 750,000 |
| Net income | 318,000 | 680,000 | 1,073,000 | 1,369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,031,000 | 7,228,000 | 7,435,000 | 7,466,000 |
| Total capital | 8,021,000 | 8,243,000 | 8,478,000 | 8,568,000 |
| Risk-weighted assets | 79,056,000 | 81,133,000 | 83,314,000 | 88,549,000 |