Call reports 2003
UNION STATE BANK OF FARGO — 2003
What UNION STATE BANK OF FARGO 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 | 30,042,000 | 30,570,000 | 31,750,000 | 34,471,000 |
| Total loans | 25,869,000 | 27,111,000 | 27,400,000 | 28,304,000 |
| Allowance for loan losses | 357,000 | 379,000 | 377,000 | 380,000 |
| Securities available for sale | 381,000 | 331,000 | 84,000 | 67,000 |
| Securities held to maturity | 55,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,432,000 | 27,896,000 | 28,937,000 | 31,568,000 |
| Interest-bearing deposits | 21,633,000 | 21,028,000 | 21,885,000 | 22,900,000 |
| Noninterest-bearing deposits | 5,799,000 | 6,868,000 | 7,052,000 | 8,669,000 |
| Equity capital | 2,452,000 | 2,495,000 | 2,592,000 | 2,557,000 |
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 | 496,000 | 1,038,000 | 1,579,000 | 2,064,000 |
| Interest expense | 92,000 | 183,000 | 270,000 | 360,000 |
| Net interest income | 404,000 | 855,000 | 1,309,000 | 1,704,000 |
| Noninterest income | 136,000 | 291,000 | 455,000 | 608,000 |
| Noninterest expense | 444,000 | 928,000 | 1,382,000 | 1,897,000 |
| Provision for loan losses | 20,000 | 57,000 | 59,000 | 62,000 |
| Pretax income | 76,000 | 161,000 | 323,000 | 353,000 |
| Income tax | 18,000 | 58,000 | 121,000 | 127,000 |
| Net income | 58,000 | 103,000 | 202,000 | 226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,445,000 | 2,491,000 | 2,590,000 | 2,556,000 |
| Total capital | 2,758,000 | 2,821,000 | 2,921,000 | 2,907,000 |
| Risk-weighted assets | 24,981,000 | 26,375,000 | 26,454,000 | 27,676,000 |