Call reports 2003
NORBANK — 2003
What NORBANK 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 | 36,710,000 | 37,125,000 | 34,481,000 | 36,247,000 |
| Total loans | 13,126,000 | 13,490,000 | 13,157,000 | 13,213,000 |
| Allowance for loan losses | 199,000 | 226,000 | 287,000 | 302,000 |
| Securities available for sale | 20,096,000 | 20,625,000 | 19,499,000 | 20,445,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,691,000 | 32,606,000 | 30,643,000 | 32,593,000 |
| Interest-bearing deposits | 24,742,000 | 24,565,000 | 22,793,000 | 23,982,000 |
| Noninterest-bearing deposits | 7,949,000 | 8,041,000 | 7,850,000 | 8,611,000 |
| Equity capital | 3,718,000 | 4,196,000 | 3,541,000 | 3,371,000 |
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 | 465,000 | 935,000 | 1,390,000 | 1,840,000 |
| Interest expense | 122,000 | 233,000 | 328,000 | 415,000 |
| Net interest income | 343,000 | 702,000 | 1,062,000 | 1,425,000 |
| Noninterest income | 27,000 | 61,000 | 87,000 | 112,000 |
| Noninterest expense | 241,000 | 481,000 | 722,000 | 980,000 |
| Provision for loan losses | 120,000 | 150,000 | 180,000 | 205,000 |
| Pretax income | 362,000 | 484,000 | 599,000 | 704,000 |
| Income tax | 6,000 | 12,000 | 18,000 | 24,000 |
| Net income | 356,000 | 472,000 | 581,000 | 680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,087,000 | 3,025,000 | 2,922,000 | 2,841,000 |
| Total capital | 3,285,000 | 3,224,000 | 3,114,000 | 3,037,000 |
| Risk-weighted assets | 15,874,000 | 15,932,000 | 15,290,000 | 15,596,000 |