Call reports 2003
HEIGHTS BANK, THE — 2003
What HEIGHTS BANK, THE 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 | 37,661,000 | 37,269,000 | 38,770,000 | 38,991,000 |
| Total loans | 29,420,000 | 31,223,000 | 30,480,000 | 29,991,000 |
| Allowance for loan losses | 498,000 | 510,000 | 525,000 | 608,000 |
| Securities available for sale | 1,026,000 | 1,021,000 | 1,013,000 | 1,006,000 |
| Securities held to maturity | 2,657,000 | 3,175,000 | 3,161,000 | 3,110,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,531,000 | 31,094,000 | 31,543,000 | 31,820,000 |
| Interest-bearing deposits | 25,906,000 | 26,305,000 | 26,843,000 | 26,580,000 |
| Noninterest-bearing deposits | 4,625,000 | 4,789,000 | 4,700,000 | 5,240,000 |
| Equity capital | 4,038,000 | 4,036,000 | 4,174,000 | 4,081,000 |
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 | 616,000 | 1,229,000 | 1,838,000 | 2,433,000 |
| Interest expense | 180,000 | 352,000 | 507,000 | 668,000 |
| Net interest income | 436,000 | 877,000 | 1,331,000 | 1,765,000 |
| Noninterest income | 41,000 | 76,000 | 118,000 | 170,000 |
| Noninterest expense | 188,000 | 393,000 | 600,000 | 828,000 |
| Provision for loan losses | 20,000 | 39,000 | 58,000 | 204,000 |
| Pretax income | 269,000 | 521,000 | 791,000 | 903,000 |
| Income tax | 9,000 | 9,000 | 9,000 | 9,000 |
| Net income | 260,000 | 512,000 | 782,000 | 894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,017,000 | 4,019,000 | 4,164,000 | 4,076,000 |
| Total capital | 4,306,000 | 4,308,000 | 4,453,000 | 4,360,000 |
| Risk-weighted assets | 22,883,000 | 22,938,000 | 22,876,000 | 22,414,000 |