Call reports 2003
SOUTHSTAR BANK, S.S.B. — 2003
What SOUTHSTAR BANK, S.S.B. 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 | 99,311,000 | 99,012,000 | 97,224,000 | 96,499,000 |
| Total loans | 78,094,000 | 77,733,000 | 69,292,000 | 65,360,000 |
| Allowance for loan losses | 523,000 | 501,000 | 429,000 | 527,000 |
| Securities available for sale | 3,123,000 | 2,708,000 | 2,743,000 | 3,564,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,606,000 | 84,166,000 | 82,424,000 | 82,239,000 |
| Interest-bearing deposits | 66,594,000 | 65,470,000 | 63,868,000 | 62,989,000 |
| Noninterest-bearing deposits | 18,012,000 | 18,696,000 | 18,556,000 | 19,250,000 |
| Equity capital | 6,539,000 | 6,906,000 | 7,020,000 | 7,030,000 |
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 | 1,664,000 | 3,356,000 | 4,983,000 | 6,424,000 |
| Interest expense | 466,000 | 892,000 | 1,288,000 | 1,657,000 |
| Net interest income | 1,198,000 | 2,464,000 | 3,695,000 | 4,767,000 |
| Noninterest income | 228,000 | 517,000 | 791,000 | 982,000 |
| Noninterest expense | 1,037,000 | 2,013,000 | 2,988,000 | 3,989,000 |
| Provision for loan losses | 55,000 | 115,000 | 325,000 | 535,000 |
| Pretax income | 334,000 | 853,000 | 1,173,000 | 1,225,000 |
| Income tax | 111,000 | 263,000 | 411,000 | 398,000 |
| Net income | 223,000 | 590,000 | 762,000 | 827,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,531,000 | 6,898,000 | 7,017,000 | 7,017,000 |
| Total capital | 7,054,000 | 7,399,000 | 7,445,000 | 7,544,000 |
| Risk-weighted assets | 69,766,000 | 69,165,000 | 67,345,000 | 65,580,000 |