Call reports 2003
SLADE'S FERRY TRUST COMPANY — 2003
What SLADE'S FERRY TRUST COMPANY 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 | 401,141,000 | 417,081,000 | 429,297,000 | 436,051,000 |
| Total loans | 273,397,000 | 293,081,000 | 316,102,000 | 335,651,000 |
| Allowance for loan losses | 4,986,000 | 4,343,000 | 4,378,000 | 4,154,000 |
| Securities available for sale | 55,610,000 | 52,370,000 | 49,268,000 | 43,946,000 |
| Securities held to maturity | 13,338,000 | 16,713,000 | 12,148,000 | 11,300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 344,852,000 | 352,631,000 | 349,807,000 | 337,258,000 |
| Interest-bearing deposits | 270,116,000 | 272,972,000 | 267,980,000 | 259,996,000 |
| Noninterest-bearing deposits | 74,736,000 | 79,659,000 | 81,827,000 | 77,262,000 |
| Equity capital | 33,935,000 | 35,322,000 | 35,187,000 | 35,637,000 |
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 | 5,128,000 | 10,386,000 | 15,625,000 | 21,037,000 |
| Interest expense | 1,545,000 | 3,099,000 | 4,599,000 | 6,073,000 |
| Net interest income | 3,593,000 | 7,287,000 | 11,026,000 | 14,964,000 |
| Noninterest income | 375,000 | 656,000 | 1,024,000 | 1,612,000 |
| Noninterest expense | 2,970,000 | 6,109,000 | 9,251,000 | 12,356,000 |
| Provision for loan losses | 141,000 | -539,000 | -539,000 | -602,000 |
| Pretax income | 816,000 | 2,332,000 | 3,340,000 | 4,824,000 |
| Income tax | 241,000 | 763,000 | 1,077,000 | 1,472,000 |
| Net income | -710,000 | 911,000 | 1,605,000 | 2,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,991,000 | 32,559,000 | 32,789,000 | 33,310,000 |
| Total capital | 34,568,000 | 36,288,000 | 36,689,000 | 37,382,000 |
| Risk-weighted assets | 284,723,000 | 297,714,000 | 311,513,000 | 325,707,000 |