Call reports 2003
STATE EXCHANGE BANK, THE — 2003
What STATE EXCHANGE BANK, THE 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 | 23,942,000 | 25,371,000 | 24,373,000 | 23,880,000 |
| Total loans | 17,689,000 | 18,966,000 | 18,617,000 | 19,087,000 |
| Allowance for loan losses | 285,000 | 307,000 | 343,000 | 291,000 |
| Securities available for sale | 5,204,000 | 4,920,000 | 3,961,000 | 3,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,111,000 | 21,119,000 | 21,569,000 | 20,899,000 |
| Interest-bearing deposits | 19,315,000 | 19,043,000 | 19,376,000 | 18,985,000 |
| Noninterest-bearing deposits | 1,797,000 | 2,076,000 | 2,194,000 | 1,914,000 |
| Equity capital | 1,986,000 | 2,049,000 | 2,081,000 | 1,862,000 |
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 | 363,000 | 740,000 | 1,113,000 | 1,489,000 |
| Interest expense | 110,000 | 214,000 | 308,000 | 394,000 |
| Net interest income | 253,000 | 526,000 | 805,000 | 1,095,000 |
| Noninterest income | 32,000 | 64,000 | 93,000 | 144,000 |
| Noninterest expense | 170,000 | 345,000 | 543,000 | 753,000 |
| Provision for loan losses | 12,000 | 28,000 | 64,000 | 104,000 |
| Pretax income | 103,000 | 217,000 | 291,000 | 382,000 |
| Income tax | 35,000 | 75,000 | 98,000 | 129,000 |
| Net income | 68,000 | 142,000 | 193,000 | 253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,928,000 | 1,992,000 | 2,043,000 | 1,833,000 |
| Total capital | 2,157,000 | 2,239,000 | 2,281,000 | 2,075,000 |
| Risk-weighted assets | 18,287,000 | 19,695,000 | 18,971,000 | 19,324,000 |