Call reports 2003
FULTON STATE BANK — 2003
What FULTON STATE 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 | 31,796,000 | 31,195,000 | 31,590,000 | 32,029,000 |
| Total loans | 20,738,000 | 20,538,000 | 21,752,000 | 21,861,000 |
| Allowance for loan losses | 299,000 | 298,000 | 216,000 | 245,000 |
| Securities available for sale | 2,225,000 | 1,105,000 | 1,094,000 | 1,903,000 |
| Securities held to maturity | 1,189,000 | 1,162,000 | 1,097,000 | 1,182,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,422,000 | 27,583,000 | 27,911,000 | 28,411,000 |
| Interest-bearing deposits | 24,381,000 | 23,624,000 | 23,996,000 | 23,710,000 |
| Noninterest-bearing deposits | 4,041,000 | 3,959,000 | 3,915,000 | 4,701,000 |
| Equity capital | 3,119,000 | 3,207,000 | 3,279,000 | 3,307,000 |
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 | 480,000 | 947,000 | 1,393,000 | 1,854,000 |
| Interest expense | 158,000 | 304,000 | 442,000 | 575,000 |
| Net interest income | 322,000 | 643,000 | 951,000 | 1,279,000 |
| Noninterest income | 68,000 | 145,000 | 213,000 | 290,000 |
| Noninterest expense | 258,000 | 497,000 | 741,000 | 996,000 |
| Provision for loan losses | 8,000 | 23,000 | 38,000 | 73,000 |
| Pretax income | 124,000 | 268,000 | 385,000 | 500,000 |
| Income tax | 39,000 | 87,000 | 124,000 | 139,000 |
| Net income | 85,000 | 181,000 | 261,000 | 361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,106,000 | 3,203,000 | 3,283,000 | 3,308,000 |
| Total capital | 3,396,000 | 3,489,000 | 3,499,000 | 3,553,000 |
| Risk-weighted assets | 23,162,000 | 22,887,000 | 24,107,000 | 24,887,000 |