Call reports 2003
IPAVA STATE BANK — 2003
What IPAVA 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 | 47,788,000 | 52,810,000 | 55,411,000 | 54,855,000 |
| Total loans | 34,447,000 | 37,135,000 | 40,689,000 | 40,808,000 |
| Allowance for loan losses | 269,000 | 266,000 | 275,000 | 278,000 |
| Securities available for sale | 2,014,000 | 2,026,000 | 2,015,000 | 2,010,000 |
| Securities held to maturity | 6,369,000 | 8,660,000 | 8,789,000 | 8,802,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,491,000 | 46,235,000 | 47,983,000 | 48,116,000 |
| Interest-bearing deposits | 38,991,000 | 43,741,000 | 45,472,000 | 45,394,000 |
| Noninterest-bearing deposits | 2,500,000 | 2,494,000 | 2,511,000 | 2,722,000 |
| Equity capital | 3,317,000 | 3,498,000 | 3,662,000 | 3,698,000 |
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 | 688,000 | 1,444,000 | 2,239,000 | 3,034,000 |
| Interest expense | 288,000 | 622,000 | 951,000 | 1,267,000 |
| Net interest income | 400,000 | 822,000 | 1,288,000 | 1,767,000 |
| Noninterest income | 58,000 | 177,000 | 318,000 | 437,000 |
| Noninterest expense | 310,000 | 593,000 | 892,000 | 1,319,000 |
| Provision for loan losses | 9,000 | 18,000 | 57,000 | 128,000 |
| Pretax income | 139,000 | 388,000 | 657,000 | 757,000 |
| Income tax | 41,000 | 118,000 | 216,000 | 243,000 |
| Net income | 98,000 | 270,000 | 441,000 | 514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,329,000 | 3,501,000 | 3,672,000 | 3,710,000 |
| Total capital | 3,598,000 | 3,767,000 | 3,947,000 | 3,988,000 |
| Risk-weighted assets | 34,102,000 | 37,482,000 | 40,738,000 | 40,015,000 |