Call reports 2003
EXCHANGE BANK OF FAIRFAX — 2003
What EXCHANGE BANK OF FAIRFAX 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 | 17,811,000 | 17,074,000 | 17,841,000 | 16,926,000 |
| Total loans | 3,030,000 | 3,640,000 | 3,809,000 | 3,730,000 |
| Allowance for loan losses | 380,000 | 380,000 | 380,000 | 380,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 11,744,000 | 10,705,000 | 9,701,000 | 9,945,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,664,000 | 13,903,000 | 14,620,000 | 13,861,000 |
| Interest-bearing deposits | 11,248,000 | 10,562,000 | 11,272,000 | 10,109,000 |
| Noninterest-bearing deposits | 3,416,000 | 3,341,000 | 3,348,000 | 3,752,000 |
| Equity capital | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
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 | 179,000 | 364,000 | 539,000 | 714,000 |
| Interest expense | 38,000 | 74,000 | 105,000 | 133,000 |
| Net interest income | 141,000 | 290,000 | 434,000 | 581,000 |
| Noninterest income | 9,000 | 21,000 | 33,000 | 46,000 |
| Noninterest expense | 106,000 | 210,000 | 319,000 | 427,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 44,000 | 101,000 | 148,000 | 200,000 |
| Income tax | 11,000 | 27,000 | 40,000 | 55,000 |
| Net income | 33,000 | 74,000 | 108,000 | 145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Total capital | 3,071,000 | 3,076,000 | 3,079,000 | 3,077,000 |
| Risk-weighted assets | 5,389,000 | 5,740,000 | 5,694,000 | 5,852,000 |