Call reports 2003
HAPPY STATE BANK — 2003
What HAPPY STATE 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 | 145,172,000 | 152,417,000 | 160,466,000 | 170,830,000 |
| Total loans | 102,709,000 | 108,961,000 | 112,666,000 | 118,858,000 |
| Allowance for loan losses | 1,000,000 | 1,052,000 | 1,086,000 | 1,120,000 |
| Securities available for sale | 24,947,000 | 25,196,000 | 28,369,000 | 27,701,000 |
| Securities held to maturity | 595,000 | 595,000 | 595,000 | 595,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,456,000 | 115,454,000 | 117,550,000 | 126,269,000 |
| Interest-bearing deposits | 81,184,000 | 84,656,000 | 85,076,000 | 90,893,000 |
| Noninterest-bearing deposits | 29,272,000 | 30,798,000 | 32,474,000 | 35,375,000 |
| Equity capital | 11,853,000 | 12,288,000 | 12,281,000 | 22,498,000 |
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 | 1,887,000 | 3,880,000 | 5,921,000 | 7,973,000 |
| Interest expense | 341,000 | 704,000 | 1,058,000 | 1,380,000 |
| Net interest income | 1,546,000 | 3,176,000 | 4,863,000 | 6,593,000 |
| Noninterest income | 756,000 | 1,639,000 | 2,571,000 | 3,312,000 |
| Noninterest expense | 1,862,000 | 3,812,000 | 5,847,000 | 7,874,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 426,000 | 1,047,000 | 1,704,000 | 2,073,000 |
| Income tax | 123,000 | 348,000 | 589,000 | 710,000 |
| Net income | 303,000 | 699,000 | 1,115,000 | 1,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,457,000 | 11,852,000 | 12,269,000 | 22,461,000 |
| Total capital | 12,457,000 | 12,904,000 | 13,355,000 | 23,581,000 |
| Risk-weighted assets | 105,017,000 | 112,520,000 | 118,338,000 | 125,391,000 |