Call reports 2003
FRANKLIN STATE BANK — 2003
What FRANKLIN 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 | 83,061,000 | 88,052,000 | 89,637,000 | 92,903,000 |
| Total loans | 72,799,000 | 76,044,000 | 80,123,000 | 83,493,000 |
| Allowance for loan losses | 903,000 | 902,000 | 902,000 | 891,000 |
| Securities available for sale | 3,004,000 | 2,906,000 | 2,852,000 | 2,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,195,000 | 76,034,000 | 77,404,000 | 79,127,000 |
| Interest-bearing deposits | 60,537,000 | 65,078,000 | 67,071,000 | 68,686,000 |
| Noninterest-bearing deposits | 9,658,000 | 10,956,000 | 10,333,000 | 10,441,000 |
| Equity capital | 6,805,000 | 6,971,000 | 7,164,000 | 8,339,000 |
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 | 1,244,000 | 2,471,000 | 3,701,000 | 4,935,000 |
| Interest expense | 321,000 | 615,000 | 892,000 | 1,144,000 |
| Net interest income | 923,000 | 1,856,000 | 2,809,000 | 3,791,000 |
| Noninterest income | 94,000 | 206,000 | 312,000 | 409,000 |
| Noninterest expense | 643,000 | 1,261,000 | 1,903,000 | 2,551,000 |
| Provision for loan losses | 24,000 | 48,000 | 72,000 | 96,000 |
| Pretax income | 350,000 | 753,000 | 1,146,000 | 1,553,000 |
| Income tax | 135,000 | 291,000 | 443,000 | 600,000 |
| Net income | 215,000 | 462,000 | 703,000 | 953,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,832,000 | 6,996,000 | 7,155,000 | 8,322,000 |
| Total capital | 7,735,000 | 7,898,000 | 8,057,000 | 9,213,000 |
| Risk-weighted assets | 74,780,000 | 77,993,000 | 81,540,000 | 84,780,000 |