Call reports 2003
BANK OF GASSAWAY — 2003
What BANK OF GASSAWAY 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 | 152,387,000 | 159,458,000 | 161,622,000 | 166,263,000 |
| Total loans | 91,472,000 | 88,858,000 | 85,570,000 | 82,503,000 |
| Allowance for loan losses | 2,695,000 | 2,710,000 | 2,704,000 | 2,443,000 |
| Securities available for sale | 27,724,000 | 31,800,000 | 43,834,000 | 54,155,000 |
| Securities held to maturity | 5,998,000 | 4,996,000 | 2,995,000 | 1,995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,220,000 | 144,067,000 | 146,654,000 | 151,368,000 |
| Interest-bearing deposits | 115,643,000 | 122,130,000 | 124,982,000 | 125,938,000 |
| Noninterest-bearing deposits | 21,577,000 | 21,937,000 | 21,672,000 | 25,430,000 |
| Equity capital | 14,005,000 | 14,587,000 | 14,123,000 | 14,139,000 |
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 | 2,582,000 | 5,090,000 | 7,512,000 | 9,852,000 |
| Interest expense | 792,000 | 1,536,000 | 2,220,000 | 2,852,000 |
| Net interest income | 1,790,000 | 3,554,000 | 5,292,000 | 7,000,000 |
| Noninterest income | 104,000 | 216,000 | 318,000 | 439,000 |
| Noninterest expense | 963,000 | 1,880,000 | 2,881,000 | 3,945,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 900,000 |
| Pretax income | 706,000 | 1,440,000 | 2,054,000 | 2,596,000 |
| Income tax | 256,000 | 501,000 | 721,000 | 925,000 |
| Net income | 450,000 | 939,000 | 1,333,000 | 1,671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,715,000 | 14,205,000 | 14,349,000 | 14,436,000 |
| Total capital | 14,844,000 | 15,325,000 | 15,446,000 | 15,524,000 |
| Risk-weighted assets | 88,783,000 | 87,993,000 | 86,135,000 | 85,682,000 |