Call reports 2003
ORRSTOWN BANK — 2003
What ORRSTOWN 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 | 425,740,000 | 446,883,000 | 462,003,000 | 469,105,000 |
| Total loans | 300,398,000 | 314,719,000 | 326,920,000 | 345,754,000 |
| Allowance for loan losses | 3,979,000 | 3,989,000 | 3,994,000 | 4,161,000 |
| Securities available for sale | 80,998,000 | 84,447,000 | 85,123,000 | 86,190,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,921,000 | 344,518,000 | 356,229,000 | 359,218,000 |
| Interest-bearing deposits | 293,630,000 | 297,297,000 | 303,421,000 | 306,367,000 |
| Noninterest-bearing deposits | 44,291,000 | 47,221,000 | 52,808,000 | 52,851,000 |
| Equity capital | 36,167,000 | 37,863,000 | 38,531,000 | 39,932,000 |
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 | 5,680,000 | 11,546,000 | 17,364,000 | 23,398,000 |
| Interest expense | 1,702,000 | 3,417,000 | 5,070,000 | 6,741,000 |
| Net interest income | 3,978,000 | 8,129,000 | 12,294,000 | 16,657,000 |
| Noninterest income | 1,321,000 | 2,865,000 | 4,504,000 | 6,036,000 |
| Noninterest expense | 3,033,000 | 6,128,000 | 9,347,000 | 12,753,000 |
| Provision for loan losses | 252,000 | 276,000 | 300,000 | 491,000 |
| Pretax income | 2,154,000 | 4,730,000 | 7,219,000 | 9,523,000 |
| Income tax | 632,000 | 1,350,000 | 2,209,000 | 2,648,000 |
| Net income | 1,522,000 | 3,380,000 | 5,010,000 | 6,875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,435,000 | 35,969,000 | 37,236,000 | 38,712,000 |
| Total capital | 38,158,000 | 39,803,000 | 41,225,000 | 42,873,000 |
| Risk-weighted assets | 297,561,000 | 306,554,000 | 319,131,000 | 338,278,000 |