Call reports 2003
STATE BANK OF TOWER — 2003
What STATE BANK OF TOWER 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 | 41,253,000 | 43,719,000 | 45,208,000 | 43,425,000 |
| Total loans | 32,758,000 | 34,716,000 | 35,750,000 | 35,726,000 |
| Allowance for loan losses | 331,000 | 332,000 | 325,000 | 339,000 |
| Securities available for sale | 102,000 | 101,000 | 101,000 | 100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,939,000 | 40,546,000 | 41,976,000 | 40,238,000 |
| Interest-bearing deposits | 30,051,000 | 31,306,000 | 31,981,000 | 31,223,000 |
| Noninterest-bearing deposits | 7,888,000 | 9,240,000 | 9,995,000 | 9,015,000 |
| Equity capital | 3,283,000 | 3,145,000 | 3,198,000 | 3,158,000 |
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 | 661,000 | 1,324,000 | 1,975,000 | 2,646,000 |
| Interest expense | 127,000 | 241,000 | 345,000 | 447,000 |
| Net interest income | 534,000 | 1,083,000 | 1,630,000 | 2,199,000 |
| Noninterest income | 135,000 | 283,000 | 437,000 | 606,000 |
| Noninterest expense | 440,000 | 802,000 | 1,247,000 | 1,733,000 |
| Provision for loan losses | 33,000 | 39,000 | 45,000 | 71,000 |
| Pretax income | 196,000 | 525,000 | 775,000 | 1,001,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 196,000 | 525,000 | 774,000 | 1,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,281,000 | 3,144,000 | 3,197,000 | 3,158,000 |
| Total capital | 3,612,000 | 3,476,000 | 3,522,000 | 3,497,000 |
| Risk-weighted assets | 29,116,000 | 31,471,000 | 33,177,000 | 33,781,000 |