Call reports 2003
FIRST BANK — 2003
What FIRST 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 | 93,744,000 | 90,910,000 | 93,426,000 | 97,699,000 |
| Total loans | 56,867,000 | 58,012,000 | 62,898,000 | 63,326,000 |
| Allowance for loan losses | 1,203,000 | 1,199,000 | 1,204,000 | 1,193,000 |
| Securities available for sale | 24,601,000 | 22,168,000 | 19,508,000 | 20,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,215,000 | 78,297,000 | 79,157,000 | 79,446,000 |
| Interest-bearing deposits | 69,455,000 | 67,885,000 | 69,118,000 | 67,640,000 |
| Noninterest-bearing deposits | 11,760,000 | 10,412,000 | 10,039,000 | 11,806,000 |
| Equity capital | 8,827,000 | 9,075,000 | 9,159,000 | 9,055,000 |
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 | 1,256,000 | 2,489,000 | 3,738,000 | 4,967,000 |
| Interest expense | 361,000 | 707,000 | 1,022,000 | 1,303,000 |
| Net interest income | 895,000 | 1,782,000 | 2,716,000 | 3,664,000 |
| Noninterest income | 137,000 | 298,000 | 462,000 | 609,000 |
| Noninterest expense | 666,000 | 1,357,000 | 2,122,000 | 2,882,000 |
| Provision for loan losses | 6,000 | 8,000 | 8,000 | 8,000 |
| Pretax income | 360,000 | 715,000 | 1,048,000 | 1,383,000 |
| Income tax | 123,000 | 243,000 | 356,000 | 466,000 |
| Net income | 237,000 | 472,000 | 692,000 | 917,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,670,000 | 8,904,000 | 9,124,000 | 9,009,000 |
| Total capital | 9,398,000 | 9,656,000 | 9,942,000 | 9,845,000 |
| Risk-weighted assets | 57,729,000 | 59,738,000 | 65,077,000 | 66,506,000 |