Call reports 2003
FIRSTBANK OF LAKEWOOD — 2003
What FIRSTBANK OF LAKEWOOD 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 | 255,226,000 | 255,697,000 | 254,790,000 | 264,526,000 |
| Total loans | 40,775,000 | 40,844,000 | 46,713,000 | 46,732,000 |
| Allowance for loan losses | 560,000 | 546,000 | 619,000 | 585,000 |
| Securities available for sale | 134,681,000 | 148,916,000 | 141,290,000 | 157,848,000 |
| Securities held to maturity | 43,727,000 | 42,970,000 | 41,433,000 | 40,713,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,707,000 | 229,531,000 | 231,497,000 | 241,640,000 |
| Interest-bearing deposits | 173,512,000 | 175,910,000 | 182,440,000 | 184,569,000 |
| Noninterest-bearing deposits | 61,195,000 | 53,621,000 | 49,057,000 | 57,071,000 |
| Equity capital | 16,819,000 | 17,508,000 | 17,143,000 | 17,948,000 |
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 | 2,840,000 | 5,493,000 | 7,979,000 | 10,534,000 |
| Interest expense | 765,000 | 1,499,000 | 2,221,000 | 2,925,000 |
| Net interest income | 2,075,000 | 3,994,000 | 5,758,000 | 7,609,000 |
| Noninterest income | 1,033,000 | 2,113,000 | 3,415,000 | 4,394,000 |
| Noninterest expense | 1,297,000 | 2,668,000 | 4,060,000 | 5,404,000 |
| Provision for loan losses | 40,000 | 39,000 | 152,000 | 138,000 |
| Pretax income | 1,771,000 | 3,400,000 | 4,961,000 | 6,461,000 |
| Income tax | 400,000 | 749,000 | 1,075,000 | 1,378,000 |
| Net income | 1,371,000 | 2,651,000 | 3,886,000 | 5,083,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,691,000 | 15,971,000 | 16,207,000 | 16,404,000 |
| Total capital | 16,251,000 | 16,516,000 | 16,826,000 | 16,989,000 |
| Risk-weighted assets | 90,252,000 | 89,474,000 | 90,351,000 | 91,744,000 |