Call reports 2003
TORREY PINES BANK — 2003
What TORREY PINES BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|
| Total assets | 53,890,000 | 93,144,000 | 157,156,000 |
| Total loans | 13,076,000 | 42,995,000 | 68,971,000 |
| Allowance for loan losses | 200,000 | 692,000 | 1,159,000 |
| Securities available for sale | 33,169,000 | 31,330,000 | 57,622,000 |
| Securities held to maturity | 0 | 10,014,000 | 19,764,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 29,768,000 | 60,216,000 | 82,265,000 |
| Interest-bearing deposits | 28,311,000 | 52,338,000 | 58,528,000 |
| Noninterest-bearing deposits | 1,457,000 | 7,878,000 | 23,737,000 |
| Equity capital | 19,637,000 | 19,003,000 | 18,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|
| Interest income | 123,000 | 849,000 | 2,175,000 |
| Interest expense | 26,000 | 152,000 | 410,000 |
| Net interest income | 97,000 | 697,000 | 1,765,000 |
| Noninterest income | 19,000 | 77,000 | 137,000 |
| Noninterest expense | 640,000 | 1,341,000 | 2,678,000 |
| Provision for loan losses | 200,000 | 692,000 | 1,159,000 |
| Pretax income | -724,000 | -1,259,000 | -1,935,000 |
| Income tax | -252,000 | -451,000 | -689,000 |
| Net income | -472,000 | -808,000 | -1,246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|
| Tier 1 capital | 19,523,000 | 19,178,000 | 18,755,000 |
| Total capital | 19,723,000 | 19,873,000 | 19,935,000 |
| Risk-weighted assets | 25,282,000 | 59,321,000 | 98,292,000 |