Call reports 2003
FRANKLIN STATE BANK — 2003
What FRANKLIN 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 | 18,724,000 | 17,870,000 | 20,956,000 | 21,821,000 |
| Total loans | 11,864,000 | 12,336,000 | 13,063,000 | 12,720,000 |
| Allowance for loan losses | 115,000 | 119,000 | 127,000 | 128,000 |
| Securities available for sale | 4,627,000 | 3,671,000 | 4,607,000 | 5,172,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,385,000 | 14,254,000 | 17,590,000 | 18,416,000 |
| Interest-bearing deposits | 12,813,000 | 11,996,000 | 15,194,000 | 15,636,000 |
| Noninterest-bearing deposits | 2,572,000 | 2,258,000 | 2,396,000 | 2,780,000 |
| Equity capital | 1,592,000 | 1,638,000 | 1,655,000 | 1,701,000 |
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 | 267,000 | 519,000 | 774,000 | 1,032,000 |
| Interest expense | 103,000 | 201,000 | 294,000 | 385,000 |
| Net interest income | 164,000 | 318,000 | 480,000 | 647,000 |
| Noninterest income | 14,000 | 26,000 | 40,000 | 54,000 |
| Noninterest expense | 110,000 | 218,000 | 328,000 | 440,000 |
| Provision for loan losses | 3,000 | 6,000 | 14,000 | 17,000 |
| Pretax income | 65,000 | 121,000 | 179,000 | 245,000 |
| Income tax | 24,000 | 50,000 | 74,000 | 94,000 |
| Net income | 41,000 | 71,000 | 105,000 | 151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,556,000 | 1,586,000 | 1,619,000 | 1,666,000 |
| Total capital | 1,671,000 | 1,705,000 | 1,746,000 | 1,794,000 |
| Risk-weighted assets | 12,495,000 | 12,706,000 | 13,870,000 | 13,724,000 |