Call reports 2003
MITCHELL BANK — 2003
What MITCHELL 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 | 74,950,000 | 71,407,000 | 72,307,000 | 69,598,000 |
| Total loans | 62,457,000 | 59,379,000 | 51,180,000 | 53,493,000 |
| Allowance for loan losses | 696,000 | 654,000 | 921,000 | 712,000 |
| Securities available for sale | 3,687,000 | 3,085,000 | 2,299,000 | 7,162,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,496,000 | 59,879,000 | 60,550,000 | 57,664,000 |
| Interest-bearing deposits | 46,471,000 | 46,387,000 | 47,409,000 | 45,840,000 |
| Noninterest-bearing deposits | 13,025,000 | 13,492,000 | 13,141,000 | 11,824,000 |
| Equity capital | 8,272,000 | 8,360,000 | 8,486,000 | 8,594,000 |
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 | 1,067,000 | 2,130,000 | 3,115,000 | 4,066,000 |
| Interest expense | 231,000 | 443,000 | 637,000 | 828,000 |
| Net interest income | 836,000 | 1,687,000 | 2,478,000 | 3,238,000 |
| Noninterest income | 10,000 | 120,000 | 303,000 | 394,000 |
| Noninterest expense | 628,000 | 1,215,000 | 1,938,000 | 2,642,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 80,000 |
| Pretax income | 188,000 | 532,000 | 763,000 | 910,000 |
| Income tax | 61,000 | 183,000 | 261,000 | 306,000 |
| Net income | 127,000 | 349,000 | 502,000 | 604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,189,000 | 8,279,000 | 8,432,000 | 8,534,000 |
| Total capital | 8,885,000 | 8,933,000 | 9,075,000 | 9,190,000 |
| Risk-weighted assets | 63,537,000 | 60,415,000 | 51,169,000 | 52,388,000 |