Call reports 2003
BANK OF LAVERNE — 2003
What BANK OF LAVERNE 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 | 46,755,000 | 47,704,000 | 47,570,000 | 47,574,000 |
| Total loans | 15,577,000 | 15,038,000 | 14,898,000 | 15,933,000 |
| Allowance for loan losses | 404,000 | 396,000 | 384,000 | 438,000 |
| Securities available for sale | 0 | 5,703,000 | 10,994,000 | 10,285,000 |
| Securities held to maturity | 23,158,000 | 18,578,000 | 15,418,000 | 13,158,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,657,000 | 39,331,000 | 39,234,000 | 39,635,000 |
| Interest-bearing deposits | 32,166,000 | 32,663,000 | 32,293,000 | 31,863,000 |
| Noninterest-bearing deposits | 6,492,000 | 6,668,000 | 6,941,000 | 7,772,000 |
| Equity capital | 7,719,000 | 7,941,000 | 7,956,000 | 7,717,000 |
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 | 638,000 | 1,270,000 | 1,900,000 | 2,524,000 |
| Interest expense | 166,000 | 321,000 | 458,000 | 581,000 |
| Net interest income | 472,000 | 949,000 | 1,442,000 | 1,943,000 |
| Noninterest income | 46,000 | 99,000 | 172,000 | 229,000 |
| Noninterest expense | 279,000 | 569,000 | 923,000 | 1,332,000 |
| Provision for loan losses | 33,000 | 33,000 | 35,000 | 94,000 |
| Pretax income | 206,000 | 446,000 | 656,000 | 692,000 |
| Income tax | 69,000 | 149,000 | 218,000 | 225,000 |
| Net income | 137,000 | 297,000 | 438,000 | 467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,719,000 | 7,879,000 | 8,020,000 | 7,724,000 |
| Total capital | 7,992,000 | 8,151,000 | 8,291,000 | 8,005,000 |
| Risk-weighted assets | 21,706,000 | 21,610,000 | 21,596,000 | 22,337,000 |