Call reports 2003
LORAIN NATIONAL BANK, THE — 2003
What LORAIN NATIONAL BANK, THE 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 | 718,620,000 | 749,579,000 | 753,693,000 | 737,722,000 |
| Total loans | 511,479,000 | 527,223,000 | 540,184,000 | 534,311,000 |
| Allowance for loan losses | 6,703,000 | 7,105,000 | 7,642,000 | 7,730,000 |
| Securities available for sale | 145,857,000 | 157,765,000 | 151,475,000 | 143,288,000 |
| Securities held to maturity | 5,313,000 | 4,061,000 | 2,981,000 | 4,789,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 580,458,000 | 591,978,000 | 572,759,000 | 582,217,000 |
| Interest-bearing deposits | 491,801,000 | 492,484,000 | 484,049,000 | 494,651,000 |
| Noninterest-bearing deposits | 88,657,000 | 99,494,000 | 88,710,000 | 87,566,000 |
| Equity capital | 59,841,000 | 61,065,000 | 60,942,000 | 60,833,000 |
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 | 9,674,000 | 19,291,000 | 28,680,000 | 37,905,000 |
| Interest expense | 2,583,000 | 5,014,000 | 7,268,000 | 9,470,000 |
| Net interest income | 7,091,000 | 14,277,000 | 21,412,000 | 28,435,000 |
| Noninterest income | 2,296,000 | 4,686,000 | 7,966,000 | 11,068,000 |
| Noninterest expense | 5,855,000 | 11,556,000 | 17,715,000 | 26,051,000 |
| Provision for loan losses | 564,000 | 1,134,000 | 2,125,000 | 2,695,000 |
| Pretax income | 3,171,000 | 6,723,000 | 9,987,000 | 11,206,000 |
| Income tax | 960,000 | 2,116,000 | 3,138,000 | 3,438,000 |
| Net income | 2,211,000 | 4,607,000 | 6,849,000 | 7,768,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,823,000 | 57,127,000 | 58,253,000 | 57,961,000 |
| Total capital | 66,526,000 | 68,215,000 | 69,488,000 | 69,196,000 |
| Risk-weighted assets | 543,627,000 | 567,076,000 | 578,615,000 | 578,305,000 |