Call reports 2003
SOUTHWESTUSA BANK — 2003
What SOUTHWESTUSA 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 | 59,318,000 | 70,679,000 | 71,614,000 | 85,258,000 |
| Total loans | 45,320,000 | 50,454,000 | 59,020,000 | 69,744,000 |
| Allowance for loan losses | 523,000 | 551,000 | 1,435,000 | 738,000 |
| Securities available for sale | 4,222,000 | 10,838,000 | 10,574,000 | 9,938,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,700,000 | 53,432,000 | 62,356,000 | 74,761,000 |
| Interest-bearing deposits | 41,250,000 | 44,392,000 | 52,976,000 | 62,488,000 |
| Noninterest-bearing deposits | 10,450,000 | 9,040,000 | 9,380,000 | 12,273,000 |
| Equity capital | 6,654,000 | 8,349,000 | 7,256,000 | 7,198,000 |
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 | 799,000 | 1,770,000 | 2,734,000 | 3,962,000 |
| Interest expense | 211,000 | 473,000 | 738,000 | 1,056,000 |
| Net interest income | 588,000 | 1,297,000 | 1,996,000 | 2,906,000 |
| Noninterest income | 4,000 | 16,000 | 61,000 | 68,000 |
| Noninterest expense | 671,000 | 1,477,000 | 2,383,000 | 3,285,000 |
| Provision for loan losses | 82,000 | 110,000 | 994,000 | 2,673,000 |
| Pretax income | -133,000 | -154,000 | -1,200,000 | -2,864,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -133,000 | -154,000 | -1,200,000 | -2,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,667,000 | 8,346,000 | 7,302,000 | 7,297,000 |
| Total capital | 7,236,000 | 8,988,000 | 8,076,000 | 8,090,000 |
| Risk-weighted assets | 48,645,000 | 54,397,000 | 61,208,000 | 72,695,000 |