Call reports 2003
DISCOVERY BANK — 2003
What DISCOVERY 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 | 47,651,000 | 62,031,000 | 60,254,000 | 68,282,000 |
| Total loans | 43,976,000 | 42,211,000 | 49,574,000 | 60,697,000 |
| Allowance for loan losses | 551,000 | 580,000 | 621,000 | 760,000 |
| Securities available for sale | 549,000 | 1,362,000 | 2,593,000 | 2,569,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,482,000 | 52,207,000 | 50,633,000 | 54,161,000 |
| Interest-bearing deposits | 33,041,000 | 44,341,000 | 42,146,000 | 44,755,000 |
| Noninterest-bearing deposits | 5,441,000 | 7,866,000 | 8,488,000 | 9,406,000 |
| Equity capital | 6,219,000 | 6,388,000 | 9,490,000 | 9,696,000 |
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 | 700,000 | 1,498,000 | 2,309,000 | 3,292,000 |
| Interest expense | 198,000 | 423,000 | 650,000 | 866,000 |
| Net interest income | 502,000 | 1,075,000 | 1,659,000 | 2,426,000 |
| Noninterest income | 106,000 | 362,000 | 427,000 | 457,000 |
| Noninterest expense | 486,000 | 1,114,000 | 1,702,000 | 2,303,000 |
| Provision for loan losses | 79,000 | 108,000 | 149,000 | 289,000 |
| Pretax income | 43,000 | 215,000 | 235,000 | 291,000 |
| Income tax | 1,000 | 1,000 | 10,000 | -149,000 |
| Net income | 42,000 | 214,000 | 225,000 | 440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,206,000 | 6,378,000 | 9,470,000 | 9,680,000 |
| Total capital | 6,757,000 | 6,958,000 | 10,091,000 | 10,440,000 |
| Risk-weighted assets | 46,440,000 | 48,022,000 | 53,036,000 | 64,328,000 |