Call reports 2003
GULF BANK — 2003
What GULF 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 | 82,515,000 | 76,730,000 | 75,121,000 | 70,432,000 |
| Total loans | 44,568,000 | 39,873,000 | 39,077,000 | 39,864,000 |
| Allowance for loan losses | 679,000 | 657,000 | 691,000 | 732,000 |
| Securities available for sale | 25,700,000 | 23,061,000 | 20,415,000 | 22,141,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,309,000 | 65,238,000 | 64,183,000 | 60,050,000 |
| Interest-bearing deposits | 53,107,000 | 47,764,000 | 46,304,000 | 44,114,000 |
| Noninterest-bearing deposits | 17,203,000 | 17,474,000 | 17,879,000 | 15,936,000 |
| Equity capital | 8,073,000 | 7,312,000 | 6,732,000 | 6,413,000 |
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 | 1,172,000 | 2,176,000 | 3,211,000 | 4,105,000 |
| Interest expense | 412,000 | 768,000 | 1,086,000 | 1,383,000 |
| Net interest income | 760,000 | 1,408,000 | 2,125,000 | 2,722,000 |
| Noninterest income | 261,000 | 527,000 | 768,000 | 970,000 |
| Noninterest expense | 1,732,000 | 3,428,000 | 4,828,000 | 6,135,000 |
| Provision for loan losses | 75,000 | 150,000 | 158,000 | -35,000 |
| Pretax income | -782,000 | -1,638,000 | -2,028,000 | -2,343,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -782,000 | -1,638,000 | -2,028,000 | -2,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,807,000 | 6,755,000 | 6,560,000 | 6,245,000 |
| Total capital | 8,465,000 | 7,378,000 | 7,173,000 | 6,806,000 |
| Risk-weighted assets | 52,578,000 | 49,770,000 | 48,987,000 | 44,685,000 |