Call reports 2003
MADISON BANK — 2003
What MADISON 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 | 103,217,000 | 111,510,000 | 113,303,000 | 118,239,000 |
| Total loans | 83,101,000 | 81,618,000 | 87,860,000 | 93,741,000 |
| Allowance for loan losses | 1,201,000 | 1,246,000 | 1,304,000 | 1,320,000 |
| Securities available for sale | 13,803,000 | 23,256,000 | 19,688,000 | 17,961,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,483,000 | 90,282,000 | 90,505,000 | 94,856,000 |
| Interest-bearing deposits | 72,541,000 | 77,854,000 | 78,561,000 | 82,489,000 |
| Noninterest-bearing deposits | 10,942,000 | 12,428,000 | 11,944,000 | 12,367,000 |
| Equity capital | 7,447,000 | 7,780,000 | 7,514,000 | 7,832,000 |
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 | 1,696,000 | 3,411,000 | 5,185,000 | 6,959,000 |
| Interest expense | 570,000 | 1,164,000 | 1,734,000 | 2,318,000 |
| Net interest income | 1,126,000 | 2,247,000 | 3,451,000 | 4,641,000 |
| Noninterest income | 242,000 | 552,000 | 824,000 | 1,038,000 |
| Noninterest expense | 991,000 | 2,092,000 | 3,210,000 | 4,204,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 358,000 | 653,000 | 957,000 | 1,307,000 |
| Income tax | 122,000 | 222,000 | 325,000 | 443,000 |
| Net income | 236,000 | 431,000 | 632,000 | 864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,322,000 | 7,538,000 | 7,713,000 | 8,036,000 |
| Total capital | 8,309,000 | 8,534,000 | 8,751,000 | 9,122,000 |
| Risk-weighted assets | 78,708,000 | 79,417,000 | 82,726,000 | 86,656,000 |