Call reports 2003
FRANKLIN STATE BANK — 2003
What FRANKLIN STATE 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 | 37,906,000 | 38,230,000 | 39,133,000 | 39,043,000 |
| Total loans | 14,817,000 | 14,933,000 | 16,118,000 | 14,780,000 |
| Allowance for loan losses | 300,000 | 327,000 | 327,000 | 350,000 |
| Securities available for sale | 19,760,000 | 19,755,000 | 20,392,000 | 21,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,606,000 | 30,794,000 | 30,509,000 | 31,877,000 |
| Interest-bearing deposits | 28,096,000 | 28,210,000 | 27,632,000 | 27,856,000 |
| Noninterest-bearing deposits | 2,510,000 | 2,584,000 | 2,877,000 | 4,021,000 |
| Equity capital | 6,856,000 | 7,047,000 | 6,977,000 | 6,911,000 |
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 | 554,000 | 1,085,000 | 1,619,000 | 2,142,000 |
| Interest expense | 164,000 | 319,000 | 463,000 | 597,000 |
| Net interest income | 390,000 | 766,000 | 1,156,000 | 1,545,000 |
| Noninterest income | 25,000 | 45,000 | 67,000 | 90,000 |
| Noninterest expense | 175,000 | 359,000 | 506,000 | 919,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 133,000 |
| Pretax income | 240,000 | 377,000 | 642,000 | 584,000 |
| Income tax | 70,000 | 62,000 | 149,000 | 126,000 |
| Net income | 170,000 | 315,000 | 493,000 | 458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,528,000 | 6,674,000 | 6,803,000 | 6,767,000 |
| Total capital | 6,776,000 | 6,922,000 | 7,067,000 | 7,018,000 |
| Risk-weighted assets | 19,748,000 | 19,752,000 | 21,058,000 | 19,959,000 |