Call reports 2003
AMERICAN BANK & TRUST OF THE CUMBERLANDS — 2003
What AMERICAN BANK & TRUST OF THE CUMBERLANDS 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 | 51,656,000 | 53,002,000 | 52,318,000 | 52,890,000 |
| Total loans | 35,071,000 | 35,196,000 | 34,461,000 | 33,827,000 |
| Allowance for loan losses | 532,000 | 511,000 | 509,000 | 491,000 |
| Securities available for sale | 11,144,000 | 12,554,000 | 13,120,000 | 13,836,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,124,000 | 46,275,000 | 46,755,000 | 47,194,000 |
| Interest-bearing deposits | 43,442,000 | 43,167,000 | 43,426,000 | 44,698,000 |
| Noninterest-bearing deposits | 2,682,000 | 3,108,000 | 3,329,000 | 2,496,000 |
| Equity capital | 4,463,000 | 4,637,000 | 4,578,000 | 4,683,000 |
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 | 790,000 | 1,604,000 | 2,384,000 | 3,147,000 |
| Interest expense | 326,000 | 646,000 | 948,000 | 1,232,000 |
| Net interest income | 464,000 | 958,000 | 1,436,000 | 1,915,000 |
| Noninterest income | 91,000 | 204,000 | 301,000 | 388,000 |
| Noninterest expense | 401,000 | 794,000 | 1,208,000 | 1,638,000 |
| Provision for loan losses | 21,000 | 45,000 | 55,000 | 60,000 |
| Pretax income | 170,000 | 593,000 | 750,000 | 890,000 |
| Income tax | 51,000 | 214,000 | 267,000 | 314,000 |
| Net income | 119,000 | 379,000 | 483,000 | 576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,260,000 | 4,521,000 | 4,610,000 | 4,681,000 |
| Total capital | 4,865,000 | 5,024,000 | 5,112,000 | 5,172,000 |
| Risk-weighted assets | 40,071,000 | 40,245,000 | 40,134,000 | 40,065,000 |