Call reports 2003
FIRST GULF BANK — 2003
What FIRST GULF 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 | 227,250,000 | 249,864,000 | 256,935,000 | 269,393,000 |
| Total loans | 177,526,000 | 189,013,000 | 187,733,000 | 204,660,000 |
| Allowance for loan losses | 2,264,000 | 2,487,000 | 2,619,000 | 2,632,000 |
| Securities available for sale | 25,219,000 | 23,095,000 | 43,247,000 | 38,259,000 |
| Securities held to maturity | 3,696,000 | 3,297,000 | 2,766,000 | 2,434,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,466,000 | 206,593,000 | 208,949,000 | 208,191,000 |
| Interest-bearing deposits | 155,574,000 | 166,070,000 | 176,352,000 | 178,952,000 |
| Noninterest-bearing deposits | 28,892,000 | 40,523,000 | 32,597,000 | 29,239,000 |
| Equity capital | 16,409,000 | 16,939,000 | 17,367,000 | 17,855,000 |
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 | 2,829,000 | 5,730,000 | 8,624,000 | 11,677,000 |
| Interest expense | 892,000 | 1,720,000 | 2,466,000 | 3,217,000 |
| Net interest income | 1,937,000 | 4,010,000 | 6,158,000 | 8,460,000 |
| Noninterest income | 1,053,000 | 2,473,000 | 3,964,000 | 4,939,000 |
| Noninterest expense | 1,798,000 | 3,982,000 | 6,305,000 | 8,363,000 |
| Provision for loan losses | 202,000 | 462,000 | 592,000 | 592,000 |
| Pretax income | 990,000 | 2,039,000 | 3,225,000 | 4,444,000 |
| Income tax | 342,000 | 702,000 | 1,115,000 | 1,539,000 |
| Net income | 648,000 | 1,337,000 | 2,110,000 | 2,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,207,000 | 16,670,000 | 17,217,000 | 17,787,000 |
| Total capital | 18,285,000 | 18,840,000 | 19,483,000 | 20,191,000 |
| Risk-weighted assets | 166,072,000 | 173,297,000 | 180,918,000 | 192,090,000 |