Call reports 2003
FBT BANK & MORTGAGE — 2003
What FBT BANK & MORTGAGE 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 | 82,608,000 | 84,404,000 | 85,528,000 | 86,816,000 |
| Total loans | 59,626,000 | 62,386,000 | 63,312,000 | 62,269,000 |
| Allowance for loan losses | 766,000 | 768,000 | 764,000 | 603,000 |
| Securities available for sale | 13,531,000 | 10,882,000 | 14,187,000 | 13,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,759,000 | 70,251,000 | 71,226,000 | 72,827,000 |
| Interest-bearing deposits | 57,827,000 | 59,514,000 | 60,430,000 | 60,973,000 |
| Noninterest-bearing deposits | 10,932,000 | 10,737,000 | 10,796,000 | 11,854,000 |
| Equity capital | 6,676,000 | 7,077,000 | 7,385,000 | 7,050,000 |
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 | 1,157,000 | 2,350,000 | 3,571,000 | 4,826,000 |
| Interest expense | 345,000 | 690,000 | 1,022,000 | 1,337,000 |
| Net interest income | 812,000 | 1,660,000 | 2,549,000 | 3,489,000 |
| Noninterest income | 186,000 | 424,000 | 655,000 | 880,000 |
| Noninterest expense | 614,000 | 1,268,000 | 1,931,000 | 2,805,000 |
| Provision for loan losses | 0 | 0 | 0 | 300,000 |
| Pretax income | 384,000 | 877,000 | 1,334,000 | 1,294,000 |
| Income tax | 74,000 | 148,000 | 222,000 | 332,000 |
| Net income | 310,000 | 729,000 | 1,112,000 | 962,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,653,000 | 7,072,000 | 7,455,000 | 7,055,000 |
| Total capital | 7,334,000 | 7,784,000 | 8,171,000 | 7,658,000 |
| Risk-weighted assets | 54,387,000 | 56,923,000 | 57,258,000 | 56,552,000 |