Call reports 2003
OAKLAND STATE BANK — 2003
What OAKLAND 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 | 38,069,000 | 35,734,000 | 34,472,000 | 30,265,000 |
| Total loans | 32,050,000 | 28,733,000 | 25,047,000 | 20,996,000 |
| Allowance for loan losses | 992,000 | 942,000 | 807,000 | 888,000 |
| Securities available for sale | 1,271,000 | 1,144,000 | 1,492,000 | 1,476,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,678,000 | 31,969,000 | 30,762,000 | 27,592,000 |
| Interest-bearing deposits | 30,882,000 | 28,923,000 | 27,685,000 | 23,751,000 |
| Noninterest-bearing deposits | 2,796,000 | 3,046,000 | 3,077,000 | 3,841,000 |
| Equity capital | 2,405,000 | 2,845,000 | 2,747,000 | 1,806,000 |
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 | 689,000 | 1,273,000 | 1,797,000 | 2,184,000 |
| Interest expense | 256,000 | 495,000 | 704,000 | 886,000 |
| Net interest income | 433,000 | 778,000 | 1,093,000 | 1,298,000 |
| Noninterest income | 74,000 | 145,000 | 203,000 | 258,000 |
| Noninterest expense | 315,000 | 633,000 | 1,092,000 | 1,461,000 |
| Provision for loan losses | 583,000 | 625,000 | 625,000 | 1,450,000 |
| Pretax income | -391,000 | -335,000 | -421,000 | -1,355,000 |
| Income tax | 82,000 | -104,000 | -101,000 | -101,000 |
| Net income | -473,000 | -231,000 | -320,000 | -1,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,365,000 | 2,807,000 | 2,718,000 | 1,784,000 |
| Total capital | 2,771,000 | 3,181,000 | 3,052,000 | 2,076,000 |
| Risk-weighted assets | 31,926,000 | 29,322,000 | 26,232,000 | 22,743,000 |