Call reports 2003
BANK OF THE EASTERN SHORE — 2003
What BANK OF THE EASTERN SHORE 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 | 147,245,000 | 149,670,000 | 154,087,000 | 159,875,000 |
| Total loans | 96,433,000 | 99,196,000 | 100,763,000 | 105,045,000 |
| Allowance for loan losses | 1,026,000 | 1,015,000 | 1,019,000 | 1,050,000 |
| Securities available for sale | 25,471,000 | 28,095,000 | 30,727,000 | 32,787,000 |
| Securities held to maturity | 4,153,000 | 2,654,000 | 2,654,000 | 2,553,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,378,000 | 131,370,000 | 135,751,000 | 140,860,000 |
| Interest-bearing deposits | 118,490,000 | 120,724,000 | 124,756,000 | 129,185,000 |
| Noninterest-bearing deposits | 10,888,000 | 10,646,000 | 10,995,000 | 11,675,000 |
| Equity capital | 16,646,000 | 17,170,000 | 17,056,000 | 17,594,000 |
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 | 2,243,000 | 4,461,000 | 6,620,000 | 8,975,000 |
| Interest expense | 1,067,000 | 2,135,000 | 3,213,000 | 4,296,000 |
| Net interest income | 1,176,000 | 2,326,000 | 3,407,000 | 4,679,000 |
| Noninterest income | 166,000 | 332,000 | 490,000 | 663,000 |
| Noninterest expense | 727,000 | 1,433,000 | 2,196,000 | 3,174,000 |
| Provision for loan losses | 0 | 0 | 0 | 51,000 |
| Pretax income | 615,000 | 1,225,000 | 1,701,000 | 2,117,000 |
| Income tax | 195,000 | 388,000 | 575,000 | 591,000 |
| Net income | 420,000 | 837,000 | 1,126,000 | 1,526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,580,000 | 17,107,000 | 16,715,000 | 17,521,000 |
| Total capital | 17,606,000 | 18,122,000 | 17,734,000 | 18,571,000 |
| Risk-weighted assets | 92,607,000 | 95,471,000 | 97,996,000 | 103,093,000 |