Call reports 2003
DENMARK STATE BANK — 2003
What DENMARK 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 | 325,507,000 | 332,388,000 | 318,512,000 | 326,602,000 |
| Total loans | 226,023,000 | 227,481,000 | 229,758,000 | 239,392,000 |
| Allowance for loan losses | 4,941,000 | 5,106,000 | 4,929,000 | 4,876,000 |
| Securities available for sale | 15,408,000 | 15,746,000 | 15,199,000 | 12,340,000 |
| Securities held to maturity | 35,895,000 | 36,126,000 | 36,604,000 | 37,948,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,248,000 | 276,154,000 | 261,530,000 | 268,936,000 |
| Interest-bearing deposits | 228,361,000 | 228,210,000 | 232,414,000 | 235,532,000 |
| Noninterest-bearing deposits | 41,887,000 | 47,944,000 | 29,116,000 | 33,404,000 |
| Equity capital | 29,970,000 | 30,835,000 | 31,668,000 | 32,669,000 |
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 | 4,669,000 | 9,108,000 | 13,496,000 | 17,782,000 |
| Interest expense | 1,587,000 | 3,136,000 | 4,562,000 | 5,936,000 |
| Net interest income | 3,082,000 | 5,972,000 | 8,934,000 | 11,846,000 |
| Noninterest income | 379,000 | 749,000 | 1,239,000 | 1,606,000 |
| Noninterest expense | 1,974,000 | 3,978,000 | 6,126,000 | 8,161,000 |
| Provision for loan losses | 150,000 | 300,000 | 375,000 | 390,000 |
| Pretax income | 1,337,000 | 2,443,000 | 3,672,000 | 4,901,000 |
| Income tax | 328,000 | 571,000 | 876,000 | 1,123,000 |
| Net income | 1,009,000 | 1,872,000 | 2,796,000 | 3,778,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,157,000 | 29,069,000 | 30,042,000 | 31,072,000 |
| Total capital | 30,937,000 | 31,949,000 | 32,910,000 | 34,062,000 |
| Risk-weighted assets | 220,216,000 | 228,160,000 | 227,505,000 | 237,374,000 |