Call reports 2003
FUSION BANK — 2003
What FUSION 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 | 88,098,000 | 85,696,000 | 82,391,000 | 85,056,000 |
| Total loans | 40,984,000 | 40,584,000 | 41,242,000 | 42,134,000 |
| Allowance for loan losses | 437,000 | 435,000 | 423,000 | 422,000 |
| Securities available for sale | 30,626,000 | 30,891,000 | 26,110,000 | 27,417,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,352,000 | 72,382,000 | 69,635,000 | 72,255,000 |
| Interest-bearing deposits | 68,688,000 | 65,524,000 | 61,950,000 | 64,790,000 |
| Noninterest-bearing deposits | 6,664,000 | 6,858,000 | 7,685,000 | 7,465,000 |
| Equity capital | 9,244,000 | 9,650,000 | 9,339,000 | 9,419,000 |
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 | 1,089,000 | 2,179,000 | 3,202,000 | 4,198,000 |
| Interest expense | 313,000 | 601,000 | 865,000 | 1,099,000 |
| Net interest income | 776,000 | 1,578,000 | 2,337,000 | 3,099,000 |
| Noninterest income | 218,000 | 464,000 | 639,000 | 1,402,000 |
| Noninterest expense | 714,000 | 1,417,000 | 2,111,000 | 3,372,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 280,000 | 625,000 | 1,110,000 | 1,374,000 |
| Income tax | 93,000 | 210,000 | 377,000 | 462,000 |
| Net income | 187,000 | 415,000 | 733,000 | 912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,196,000 | 6,479,000 | 6,671,000 | 6,355,000 |
| Total capital | 6,633,000 | 6,914,000 | 7,094,000 | 6,777,000 |
| Risk-weighted assets | 49,319,000 | 48,718,000 | 48,677,000 | 49,671,000 |