Call reports 2003
FIRST NATIONAL BANK OF CHELSEA — 2003
What FIRST NATIONAL BANK OF CHELSEA 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 | 22,603,000 | 23,182,000 | 23,292,000 | 22,860,000 |
| Total loans | 11,705,000 | 11,128,000 | 10,970,000 | 10,800,000 |
| Allowance for loan losses | 387,000 | 361,000 | 352,000 | 321,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,660,000 | 6,633,000 | 9,266,000 | 9,523,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,678,000 | 21,163,000 | 21,268,000 | 20,821,000 |
| Interest-bearing deposits | 17,188,000 | 17,646,000 | 17,831,000 | 17,561,000 |
| Noninterest-bearing deposits | 3,490,000 | 3,517,000 | 3,436,000 | 3,259,000 |
| Equity capital | 1,891,000 | 1,979,000 | 1,986,000 | 2,010,000 |
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 | 359,000 | 704,000 | 1,041,000 | 1,366,000 |
| Interest expense | 100,000 | 190,000 | 275,000 | 352,000 |
| Net interest income | 259,000 | 514,000 | 766,000 | 1,014,000 |
| Noninterest income | 112,000 | 259,000 | 384,000 | 503,000 |
| Noninterest expense | 303,000 | 617,000 | 933,000 | 1,275,000 |
| Provision for loan losses | 68,000 | 68,000 | 68,000 | 68,000 |
| Pretax income | 0 | 88,000 | 149,000 | 174,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 3,000 |
| Net income | -2,000 | 86,000 | 147,000 | 171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,891,000 | 1,979,000 | 1,986,000 | 2,010,000 |
| Total capital | 2,046,000 | 2,130,000 | 2,133,000 | 2,156,000 |
| Risk-weighted assets | 12,202,000 | 11,845,000 | 11,567,000 | 11,540,000 |