Call reports 2003
STATE BANK OF FAIRMONT — 2003
What STATE BANK OF FAIRMONT 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 | 64,623,000 | 64,416,000 | 65,160,000 | 64,685,000 |
| Total loans | 42,534,000 | 42,599,000 | 43,062,000 | 42,458,000 |
| Allowance for loan losses | 859,000 | 890,000 | 993,000 | 919,000 |
| Securities available for sale | 18,260,000 | 18,574,000 | 18,235,000 | 19,039,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,185,000 | 54,893,000 | 54,689,000 | 55,675,000 |
| Interest-bearing deposits | 51,681,000 | 51,055,000 | 50,737,000 | 51,294,000 |
| Noninterest-bearing deposits | 3,504,000 | 3,838,000 | 3,952,000 | 4,381,000 |
| Equity capital | 7,229,000 | 7,636,000 | 7,344,000 | 7,300,000 |
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 | 966,000 | 1,918,000 | 2,770,000 | 3,683,000 |
| Interest expense | 402,000 | 782,000 | 1,129,000 | 1,461,000 |
| Net interest income | 564,000 | 1,136,000 | 1,641,000 | 2,222,000 |
| Noninterest income | 31,000 | 76,000 | 113,000 | 156,000 |
| Noninterest expense | 315,000 | 647,000 | 988,000 | 1,573,000 |
| Provision for loan losses | 30,000 | 60,000 | 160,000 | 490,000 |
| Pretax income | 315,000 | 594,000 | 703,000 | 413,000 |
| Income tax | 116,000 | 209,000 | 240,000 | 94,000 |
| Net income | 199,000 | 385,000 | 463,000 | 319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,308,000 | 7,494,000 | 7,544,000 | 7,402,000 |
| Total capital | 7,937,000 | 8,106,000 | 8,164,000 | 8,013,000 |
| Risk-weighted assets | 50,147,000 | 48,670,000 | 49,234,000 | 48,649,000 |