Call reports 2003
GRAND TIMBER BANK — 2003
What GRAND TIMBER 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 | 40,920,000 | 41,591,000 | 41,284,000 | 41,972,000 |
| Total loans | 31,084,000 | 32,647,000 | 32,801,000 | 33,661,000 |
| Allowance for loan losses | 377,000 | 397,000 | 389,000 | 413,000 |
| Securities available for sale | 3,142,000 | 1,630,000 | 1,113,000 | 1,104,000 |
| Securities held to maturity | 102,000 | 101,000 | 101,000 | 101,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,653,000 | 33,727,000 | 33,215,000 | 33,800,000 |
| Interest-bearing deposits | 26,508,000 | 26,936,000 | 25,888,000 | 26,992,000 |
| Noninterest-bearing deposits | 6,145,000 | 6,791,000 | 7,327,000 | 6,808,000 |
| Equity capital | 4,005,000 | 3,578,000 | 3,823,000 | 3,961,000 |
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 | 670,000 | 1,338,000 | 2,044,000 | 2,712,000 |
| Interest expense | 193,000 | 380,000 | 541,000 | 691,000 |
| Net interest income | 477,000 | 958,000 | 1,503,000 | 2,021,000 |
| Noninterest income | 74,000 | 143,000 | 212,000 | 291,000 |
| Noninterest expense | 222,000 | 452,000 | 672,000 | 904,000 |
| Provision for loan losses | 0 | 20,000 | 20,000 | 40,000 |
| Pretax income | 329,000 | 629,000 | 1,023,000 | 1,368,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 329,000 | 629,000 | 1,023,000 | 1,367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,918,000 | 3,496,000 | 3,755,000 | 3,900,000 |
| Total capital | 4,288,000 | 3,884,000 | 4,143,000 | 4,298,000 |
| Risk-weighted assets | 29,623,000 | 31,064,000 | 31,102,000 | 31,844,000 |