Call reports 2003
KENT BANK — 2003
What KENT 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 | 68,225,000 | 74,079,000 | 72,901,000 | 73,378,000 |
| Total loans | 47,089,000 | 48,072,000 | 48,921,000 | 49,910,000 |
| Allowance for loan losses | 459,000 | 472,000 | 457,000 | 461,000 |
| Securities available for sale | 17,694,000 | 21,963,000 | 20,162,000 | 18,729,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,421,000 | 56,389,000 | 55,011,000 | 55,925,000 |
| Interest-bearing deposits | 50,750,000 | 51,906,000 | 51,092,000 | 52,270,000 |
| Noninterest-bearing deposits | 3,671,000 | 4,483,000 | 3,919,000 | 3,655,000 |
| Equity capital | 6,141,000 | 6,432,000 | 6,489,000 | 6,792,000 |
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 | 977,000 | 1,981,000 | 2,940,000 | 3,938,000 |
| Interest expense | 392,000 | 771,000 | 1,130,000 | 1,473,000 |
| Net interest income | 585,000 | 1,210,000 | 1,810,000 | 2,465,000 |
| Noninterest income | 107,000 | 210,000 | 339,000 | 447,000 |
| Noninterest expense | 351,000 | 694,000 | 1,046,000 | 1,451,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 415,000 | 800,000 | 1,197,000 | 1,555,000 |
| Income tax | 142,000 | 275,000 | 407,000 | 520,000 |
| Net income | 273,000 | 525,000 | 790,000 | 1,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,832,000 | 5,084,000 | 5,324,000 | 5,569,000 |
| Total capital | 5,291,000 | 5,556,000 | 5,781,000 | 6,030,000 |
| Risk-weighted assets | 45,840,000 | 46,036,000 | 47,057,000 | 52,009,000 |