Call reports 2003
SPECTRA BANK — 2003
What SPECTRA 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 | 37,350,000 | 37,970,000 | 37,644,000 | 35,444,000 |
| Total loans | 21,567,000 | 22,219,000 | 23,314,000 | 22,300,000 |
| Allowance for loan losses | 238,000 | 224,000 | 233,000 | 234,000 |
| Securities available for sale | 1,037,000 | 1,040,000 | 1,031,000 | 1,023,000 |
| Securities held to maturity | 2,790,000 | 3,181,000 | 3,140,000 | 3,115,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,395,000 | 34,976,000 | 34,613,000 | 32,310,000 |
| Interest-bearing deposits | 19,690,000 | 19,266,000 | 17,775,000 | 16,567,000 |
| Noninterest-bearing deposits | 14,705,000 | 15,710,000 | 16,838,000 | 15,743,000 |
| Equity capital | 2,853,000 | 2,928,000 | 2,958,000 | 2,881,000 |
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 | 424,000 | 894,000 | 1,360,000 | 1,824,000 |
| Interest expense | 70,000 | 134,000 | 186,000 | 230,000 |
| Net interest income | 354,000 | 760,000 | 1,174,000 | 1,594,000 |
| Noninterest income | 183,000 | 370,000 | 584,000 | 809,000 |
| Noninterest expense | 428,000 | 841,000 | 1,257,000 | 1,766,000 |
| Provision for loan losses | 0 | 3,000 | 11,000 | 1,000 |
| Pretax income | 109,000 | 286,000 | 490,000 | 636,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 109,000 | 286,000 | 490,000 | 636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,809,000 | 2,882,000 | 2,922,000 | 2,854,000 |
| Total capital | 3,047,000 | 3,106,000 | 3,155,000 | 3,088,000 |
| Risk-weighted assets | 23,572,000 | 24,022,000 | 24,620,000 | 21,673,000 |