Call reports 2003
STATE BANK OF HOWARDS GROVE — 2003
What STATE BANK OF HOWARDS GROVE 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 | 106,197,000 | 110,285,000 | 119,364,000 | 134,188,000 |
| Total loans | 59,860,000 | 66,088,000 | 74,138,000 | 86,515,000 |
| Allowance for loan losses | 791,000 | 824,000 | 867,000 | 898,000 |
| Securities available for sale | 17,611,000 | 14,687,000 | 13,563,000 | 17,492,000 |
| Securities held to maturity | 19,649,000 | 20,816,000 | 21,266,000 | 21,861,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,877,000 | 93,560,000 | 102,943,000 | 109,140,000 |
| Interest-bearing deposits | 83,206,000 | 87,852,000 | 96,960,000 | 102,587,000 |
| Noninterest-bearing deposits | 5,671,000 | 5,708,000 | 5,983,000 | 6,552,000 |
| Equity capital | 8,168,000 | 8,457,000 | 8,706,000 | 10,926,000 |
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 | 1,350,000 | 2,765,000 | 4,287,000 | 5,763,000 |
| Interest expense | 454,000 | 903,000 | 1,320,000 | 1,727,000 |
| Net interest income | 896,000 | 1,862,000 | 2,967,000 | 4,036,000 |
| Noninterest income | 281,000 | 604,000 | 935,000 | 1,305,000 |
| Noninterest expense | 802,000 | 1,592,000 | 2,441,000 | 3,439,000 |
| Provision for loan losses | 38,000 | 75,000 | 113,000 | 150,000 |
| Pretax income | 337,000 | 799,000 | 1,348,000 | 1,752,000 |
| Income tax | 94,000 | 237,000 | 411,000 | 428,000 |
| Net income | 243,000 | 562,000 | 937,000 | 1,324,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,426,000 | 7,719,000 | 7,999,000 | 10,259,000 |
| Total capital | 8,217,000 | 8,543,000 | 8,866,000 | 11,157,000 |
| Risk-weighted assets | 65,613,000 | 71,456,000 | 80,368,000 | 92,605,000 |