Call reports 2003
NEW CENTURY BANK — 2003
What NEW CENTURY 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 | 17,988,000 | 17,738,000 | 18,106,000 | 17,846,000 |
| Total loans | 7,825,000 | 8,145,000 | 7,685,000 | 7,107,000 |
| Allowance for loan losses | 186,000 | 184,000 | 190,000 | 322,000 |
| Securities available for sale | 5,704,000 | 6,332,000 | 6,465,000 | 266,000 |
| Securities held to maturity | 491,000 | 491,000 | 491,000 | 7,885,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,853,000 | 15,365,000 | 15,748,000 | 15,811,000 |
| Interest-bearing deposits | 13,947,000 | 13,933,000 | 14,054,000 | 13,823,000 |
| Noninterest-bearing deposits | 1,906,000 | 1,432,000 | 1,694,000 | 1,988,000 |
| Equity capital | 2,042,000 | 2,105,000 | 2,097,000 | 1,812,000 |
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 | 231,000 | 470,000 | 702,000 | 914,000 |
| Interest expense | 80,000 | 156,000 | 220,000 | 284,000 |
| Net interest income | 151,000 | 314,000 | 482,000 | 630,000 |
| Noninterest income | 24,000 | 49,000 | 75,000 | 95,000 |
| Noninterest expense | 156,000 | 301,000 | 459,000 | 655,000 |
| Provision for loan losses | 0 | 0 | 0 | 287,000 |
| Pretax income | 19,000 | 62,000 | 98,000 | -217,000 |
| Income tax | 5,000 | 19,000 | 29,000 | -68,000 |
| Net income | 14,000 | 43,000 | 69,000 | -149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,942,000 | 1,971,000 | 1,997,000 | 1,801,000 |
| Total capital | 2,058,000 | 2,090,000 | 2,114,000 | 1,907,000 |
| Risk-weighted assets | 9,215,000 | 9,436,000 | 9,283,000 | 8,266,000 |