Call reports 2003
INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. — 2003
What INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. 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 | 45,690,000 | 46,915,000 | 57,565,000 | 39,446,000 |
| Total loans | 30,863,000 | 31,166,000 | 26,450,000 | 20,079,000 |
| Allowance for loan losses | 386,000 | 395,000 | 404,000 | 388,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,002,000 | 20,942,000 | 36,802,000 | 25,377,000 |
| Interest-bearing deposits | 259,000 | 259,000 | 259,000 | 199,000 |
| Noninterest-bearing deposits | 19,742,000 | 20,683,000 | 36,543,000 | 25,178,000 |
| Equity capital | 5,356,000 | 5,498,000 | 5,658,000 | 5,809,000 |
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 | 428,000 | 873,000 | 1,314,000 | 1,753,000 |
| Interest expense | 50,000 | 118,000 | 179,000 | 240,000 |
| Net interest income | 378,000 | 755,000 | 1,135,000 | 1,513,000 |
| Noninterest income | 992,000 | 2,060,000 | 3,143,000 | 4,141,000 |
| Noninterest expense | 1,107,000 | 2,303,000 | 3,490,000 | 4,600,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 254,000 | 494,000 | 761,000 | 1,018,000 |
| Income tax | 105,000 | 203,000 | 310,000 | 417,000 |
| Net income | 149,000 | 291,000 | 451,000 | 601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,356,000 | 5,498,000 | 5,658,000 | 5,809,000 |
| Total capital | 5,742,000 | 5,893,000 | 6,006,000 | 6,094,000 |
| Risk-weighted assets | 33,927,000 | 33,385,000 | 27,784,000 | 22,730,000 |