Call reports 2003
SOUTHEAST BANK — 2003
What SOUTHEAST 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 | 54,264,000 | 60,319,000 | 70,094,000 | 77,972,000 |
| Total loans | 34,417,000 | 43,503,000 | 52,337,000 | 60,560,000 |
| Allowance for loan losses | 430,000 | 543,000 | 654,000 | 757,000 |
| Securities available for sale | 11,073,000 | 9,678,000 | 10,454,000 | 8,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,452,000 | 53,300,000 | 60,661,000 | 68,587,000 |
| Interest-bearing deposits | 44,357,000 | 50,845,000 | 57,450,000 | 65,198,000 |
| Noninterest-bearing deposits | 3,095,000 | 2,455,000 | 3,211,000 | 3,389,000 |
| Equity capital | 6,656,000 | 6,406,000 | 9,245,000 | 9,132,000 |
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 | 556,000 | 1,263,000 | 2,077,000 | 3,007,000 |
| Interest expense | 273,000 | 584,000 | 889,000 | 1,199,000 |
| Net interest income | 283,000 | 679,000 | 1,188,000 | 1,808,000 |
| Noninterest income | 66,000 | 139,000 | 224,000 | 331,000 |
| Noninterest expense | 532,000 | 1,138,000 | 1,850,000 | 2,571,000 |
| Provision for loan losses | 106,000 | 226,000 | 346,000 | 456,000 |
| Pretax income | -289,000 | -546,000 | -784,000 | -888,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -289,000 | -546,000 | -784,000 | -888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,558,000 | 6,307,000 | 9,177,000 | 9,076,000 |
| Total capital | 6,988,000 | 6,850,000 | 9,831,000 | 9,833,000 |
| Risk-weighted assets | 37,040,000 | 45,934,000 | 54,890,000 | 64,659,000 |