Call reports 2003
SOUTH STORY BANK & TRUST — 2003
What SOUTH STORY BANK & TRUST 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 | 48,445,000 | 49,005,000 | 47,823,000 | 47,386,000 |
| Total loans | 23,216,000 | 23,155,000 | 22,890,000 | 23,718,000 |
| Allowance for loan losses | 284,000 | 320,000 | 320,000 | 323,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,024,000 | 15,602,000 | 16,621,000 | 17,241,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,334,000 | 41,822,000 | 40,502,000 | 40,073,000 |
| Interest-bearing deposits | 36,820,000 | 37,545,000 | 36,218,000 | 34,823,000 |
| Noninterest-bearing deposits | 4,514,000 | 4,277,000 | 4,284,000 | 5,250,000 |
| Equity capital | 6,884,000 | 7,017,000 | 7,184,000 | 7,177,000 |
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 | 603,000 | 1,191,000 | 1,753,000 | 2,303,000 |
| Interest expense | 208,000 | 398,000 | 576,000 | 742,000 |
| Net interest income | 395,000 | 793,000 | 1,177,000 | 1,561,000 |
| Noninterest income | 54,000 | 105,000 | 160,000 | 215,000 |
| Noninterest expense | 219,000 | 437,000 | 644,000 | 870,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 230,000 | 411,000 | 645,000 | 858,000 |
| Income tax | 62,000 | 110,000 | 177,000 | 217,000 |
| Net income | 168,000 | 301,000 | 468,000 | 641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,884,000 | 7,017,000 | 7,184,000 | 7,177,000 |
| Total capital | 7,168,000 | 7,337,000 | 7,504,000 | 7,500,000 |
| Risk-weighted assets | 30,382,000 | 30,324,000 | 30,071,000 | 30,608,000 |