Call reports 2003
MORRIS BANK — 2003
What MORRIS 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 | 123,959,000 | 122,394,000 | 112,733,000 | 113,166,000 |
| Total loans | 82,071,000 | 75,327,000 | 73,128,000 | 70,307,000 |
| Allowance for loan losses | 2,863,000 | 2,521,000 | 2,569,000 | 1,514,000 |
| Securities available for sale | 36,113,000 | 34,168,000 | 33,587,000 | 35,658,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,584,000 | 107,531,000 | 100,562,000 | 101,197,000 |
| Interest-bearing deposits | 99,267,000 | 98,064,000 | 91,065,000 | 91,338,000 |
| Noninterest-bearing deposits | 10,317,000 | 9,467,000 | 9,497,000 | 9,859,000 |
| Equity capital | 11,487,000 | 11,988,000 | 11,828,000 | 11,647,000 |
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 | 1,916,000 | 3,625,000 | 5,343,000 | 6,891,000 |
| Interest expense | 750,000 | 1,440,000 | 2,005,000 | 2,489,000 |
| Net interest income | 1,166,000 | 2,185,000 | 3,338,000 | 4,402,000 |
| Noninterest income | 250,000 | 497,000 | 729,000 | 953,000 |
| Noninterest expense | 850,000 | 1,697,000 | 2,557,000 | 3,427,000 |
| Provision for loan losses | 116,000 | 116,000 | 206,000 | 497,000 |
| Pretax income | 450,000 | 873,000 | 1,308,000 | 1,435,000 |
| Income tax | 5,000 | 10,000 | 14,000 | 19,000 |
| Net income | 445,000 | 863,000 | 1,294,000 | 1,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,576,000 | 10,866,000 | 11,137,000 | 11,029,000 |
| Total capital | 11,700,000 | 11,926,000 | 12,149,000 | 12,018,000 |
| Risk-weighted assets | 88,167,000 | 83,349,000 | 79,389,000 | 78,594,000 |