Call reports 2003
CELTIC BANK CORPORATION — 2003
What CELTIC BANK CORPORATION 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 | 40,350,000 | 44,397,000 | 53,878,000 | 61,142,000 |
| Total loans | 35,155,000 | 39,962,000 | 44,546,000 | 51,291,000 |
| Allowance for loan losses | 418,000 | 506,000 | 523,000 | 626,000 |
| Securities available for sale | 8,000 | 8,000 | 10,000 | 10,000 |
| Securities held to maturity | 52,000 | 51,000 | 51,000 | 51,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,944,000 | 38,759,000 | 47,504,000 | 54,237,000 |
| Interest-bearing deposits | 34,319,000 | 36,767,000 | 46,069,000 | 52,021,000 |
| Noninterest-bearing deposits | 1,625,000 | 1,992,000 | 1,435,000 | 2,216,000 |
| Equity capital | 3,970,000 | 5,226,000 | 5,867,000 | 6,377,000 |
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 | 819,000 | 1,821,000 | 3,021,000 | 4,235,000 |
| Interest expense | 260,000 | 549,000 | 851,000 | 1,222,000 |
| Net interest income | 559,000 | 1,272,000 | 2,170,000 | 3,013,000 |
| Noninterest income | 291,000 | 540,000 | 994,000 | 1,451,000 |
| Noninterest expense | 629,000 | 1,277,000 | 1,964,000 | 2,680,000 |
| Provision for loan losses | 70,000 | 158,000 | 215,000 | 318,000 |
| Pretax income | 151,000 | 377,000 | 985,000 | 1,466,000 |
| Income tax | 73,000 | 149,000 | 359,000 | 549,000 |
| Net income | 78,000 | 228,000 | 626,000 | 917,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,970,000 | 5,226,000 | 5,867,000 | 6,377,000 |
| Total capital | 4,388,000 | 5,732,000 | 6,390,000 | 7,003,000 |
| Risk-weighted assets | 37,295,000 | 41,409,000 | 46,778,000 | 53,408,000 |