Call reports 2003
LUMBEE GUARANTY BANK — 2003
What LUMBEE GUARANTY 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 | 152,814,000 | 153,801,000 | 158,888,000 | 159,328,000 |
| Total loans | 87,743,000 | 91,156,000 | 95,129,000 | 99,275,000 |
| Allowance for loan losses | 1,465,000 | 1,494,000 | 1,530,000 | 1,521,000 |
| Securities available for sale | 9,186,000 | 8,616,000 | 14,568,000 | 12,013,000 |
| Securities held to maturity | 21,852,000 | 20,753,000 | 21,766,000 | 23,280,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,645,000 | 136,289,000 | 140,687,000 | 140,677,000 |
| Interest-bearing deposits | 107,668,000 | 108,116,000 | 112,243,000 | 110,429,000 |
| Noninterest-bearing deposits | 27,977,000 | 28,173,000 | 28,444,000 | 30,248,000 |
| Equity capital | 16,021,000 | 16,297,000 | 16,743,000 | 17,107,000 |
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 | 2,032,000 | 4,076,000 | 6,126,000 | 8,232,000 |
| Interest expense | 576,000 | 1,136,000 | 1,659,000 | 2,141,000 |
| Net interest income | 1,456,000 | 2,940,000 | 4,467,000 | 6,091,000 |
| Noninterest income | 597,000 | 1,252,000 | 1,974,000 | 2,689,000 |
| Noninterest expense | 1,490,000 | 3,016,000 | 4,576,000 | 6,182,000 |
| Provision for loan losses | 60,000 | 119,000 | 203,000 | 253,000 |
| Pretax income | 503,000 | 1,057,000 | 1,671,000 | 2,354,000 |
| Income tax | 118,000 | 247,000 | 404,000 | 579,000 |
| Net income | 385,000 | 810,000 | 1,267,000 | 1,775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,960,000 | 16,262,000 | 16,719,000 | 17,101,000 |
| Total capital | 17,136,000 | 17,466,000 | 17,980,000 | 18,396,000 |
| Risk-weighted assets | 93,782,000 | 96,022,000 | 100,633,000 | 103,411,000 |