Call reports 2003
MECHANICS SAVINGS BANK — 2003
What MECHANICS SAVINGS 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 | 193,098,000 | 200,859,000 | 203,327,000 | 209,920,000 |
| Total loans | 164,531,000 | 168,505,000 | 170,580,000 | 175,805,000 |
| Allowance for loan losses | 1,970,000 | 1,999,000 | 1,861,000 | 1,853,000 |
| Securities available for sale | 20,424,000 | 21,840,000 | 22,442,000 | 23,199,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,263,000 | 169,130,000 | 172,907,000 | 172,044,000 |
| Interest-bearing deposits | 154,485,000 | 158,085,000 | 162,452,000 | 162,148,000 |
| Noninterest-bearing deposits | 8,778,000 | 11,045,000 | 10,455,000 | 9,896,000 |
| Equity capital | 23,058,000 | 24,579,000 | 25,304,000 | 26,640,000 |
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 | 3,441,000 | 6,815,000 | 10,209,000 | 13,579,000 |
| Interest expense | 1,331,000 | 2,584,000 | 3,794,000 | 4,996,000 |
| Net interest income | 2,110,000 | 4,231,000 | 6,415,000 | 8,583,000 |
| Noninterest income | 468,000 | 1,077,000 | 1,711,000 | 2,038,000 |
| Noninterest expense | 1,404,000 | 2,874,000 | 4,351,000 | 5,996,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 1,084,000 | 2,223,000 | 3,874,000 | 4,614,000 |
| Income tax | 382,000 | 782,000 | 1,362,000 | 1,549,000 |
| Net income | 702,000 | 1,441,000 | 2,512,000 | 3,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,816,000 | 23,546,000 | 24,607,000 | 25,164,000 |
| Total capital | 24,460,000 | 25,249,000 | 26,371,000 | 27,000,000 |
| Risk-weighted assets | 131,189,000 | 135,939,000 | 141,020,000 | 146,856,000 |