Call reports 2003
NEW FRONTIER BANK — 2003
What NEW FRONTIER 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 | 342,942,000 | 340,884,000 | 361,142,000 | 383,124,000 |
| Total loans | 252,596,000 | 253,276,000 | 283,841,000 | 307,722,000 |
| Allowance for loan losses | 2,850,000 | 2,695,000 | 2,906,000 | 3,187,000 |
| Securities available for sale | 55,369,000 | 53,265,000 | 46,662,000 | 43,783,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 287,533,000 | 286,344,000 | 300,018,000 | 313,508,000 |
| Interest-bearing deposits | 257,978,000 | 262,966,000 | 273,676,000 | 282,424,000 |
| Noninterest-bearing deposits | 29,555,000 | 23,378,000 | 26,342,000 | 31,084,000 |
| Equity capital | 26,258,000 | 26,936,000 | 27,969,000 | 29,941,000 |
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 | 5,418,000 | 10,772,000 | 16,511,000 | 22,597,000 |
| Interest expense | 2,521,000 | 5,008,000 | 7,410,000 | 9,700,000 |
| Net interest income | 2,897,000 | 5,764,000 | 9,101,000 | 12,897,000 |
| Noninterest income | 441,000 | 828,000 | 1,007,000 | 1,496,000 |
| Noninterest expense | 1,938,000 | 3,711,000 | 5,332,000 | 7,376,000 |
| Provision for loan losses | 450,000 | 750,000 | 1,193,000 | 1,668,000 |
| Pretax income | 950,000 | 2,131,000 | 3,583,000 | 5,349,000 |
| Income tax | 340,000 | 761,000 | 1,281,000 | 1,898,000 |
| Net income | 610,000 | 1,370,000 | 2,302,000 | 3,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,897,000 | 26,440,000 | 27,774,000 | 29,716,000 |
| Total capital | 28,747,000 | 29,135,000 | 30,680,000 | 32,903,000 |
| Risk-weighted assets | 265,802,000 | 269,244,000 | 301,818,000 | 326,612,000 |