Call reports 2003
SOUTHWIND BANK — 2003
What SOUTHWIND 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 | 65,579,000 | 63,995,000 | 64,369,000 | 66,676,000 |
| Total loans | 33,537,000 | 32,742,000 | 32,233,000 | 32,350,000 |
| Allowance for loan losses | 459,000 | 474,000 | 450,000 | 476,000 |
| Securities available for sale | 21,404,000 | 21,777,000 | 23,654,000 | 24,861,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,183,000 | 57,443,000 | 57,929,000 | 60,434,000 |
| Interest-bearing deposits | 52,040,000 | 50,243,000 | 50,506,000 | 52,838,000 |
| Noninterest-bearing deposits | 7,143,000 | 7,200,000 | 7,423,000 | 7,596,000 |
| Equity capital | 5,713,000 | 5,838,000 | 5,810,000 | 5,710,000 |
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 | 904,000 | 1,784,000 | 2,614,000 | 3,450,000 |
| Interest expense | 308,000 | 592,000 | 859,000 | 1,111,000 |
| Net interest income | 596,000 | 1,192,000 | 1,755,000 | 2,339,000 |
| Noninterest income | 47,000 | 99,000 | 139,000 | 187,000 |
| Noninterest expense | 441,000 | 892,000 | 1,331,000 | 1,918,000 |
| Provision for loan losses | 65,000 | 90,000 | 105,000 | 165,000 |
| Pretax income | 137,000 | 309,000 | 458,000 | 443,000 |
| Income tax | 35,000 | 81,000 | 118,000 | 86,000 |
| Net income | 102,000 | 228,000 | 340,000 | 357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,274,000 | 5,340,000 | 5,451,000 | 5,409,000 |
| Total capital | 5,733,000 | 5,802,000 | 5,901,000 | 5,885,000 |
| Risk-weighted assets | 38,031,000 | 36,939,000 | 44,822,000 | 44,857,000 |