Call reports 2003
GRAND MARSH STATE BANK — 2003
What GRAND MARSH 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 | 99,385,000 | 99,700,000 | 96,862,000 | 99,591,000 |
| Total loans | 53,627,000 | 52,788,000 | 52,262,000 | 51,817,000 |
| Allowance for loan losses | 558,000 | 559,000 | 567,000 | 573,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 25,283,000 | 36,371,000 | 35,600,000 | 33,868,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,028,000 | 87,992,000 | 84,766,000 | 87,193,000 |
| Interest-bearing deposits | 79,124,000 | 78,749,000 | 75,052,000 | 77,692,000 |
| Noninterest-bearing deposits | 8,904,000 | 9,243,000 | 9,714,000 | 9,501,000 |
| Equity capital | 11,158,000 | 11,524,000 | 11,904,000 | 12,196,000 |
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 | 1,282,000 | 2,515,000 | 3,735,000 | 4,871,000 |
| Interest expense | 531,000 | 966,000 | 1,340,000 | 1,673,000 |
| Net interest income | 751,000 | 1,549,000 | 2,395,000 | 3,198,000 |
| Noninterest income | 92,000 | 190,000 | 280,000 | 360,000 |
| Noninterest expense | 332,000 | 682,000 | 1,068,000 | 1,526,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 505,000 | 1,045,000 | 1,589,000 | 2,008,000 |
| Income tax | 164,000 | 338,000 | 502,000 | 629,000 |
| Net income | 341,000 | 707,000 | 1,087,000 | 1,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,158,000 | 11,524,000 | 11,904,000 | 12,196,000 |
| Total capital | 11,716,000 | 12,083,000 | 12,471,000 | 12,769,000 |
| Risk-weighted assets | 53,334,000 | 52,892,000 | 52,620,000 | 53,077,000 |