Call reports 2003
XENITH BANK — 2003
What XENITH 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 | 18,994,000 | 27,024,000 | 35,832,000 | 41,444,000 |
| Total loans | 2,330,000 | 9,133,000 | 14,737,000 | 21,205,000 |
| Allowance for loan losses | 17,000 | 62,000 | 111,000 | 159,000 |
| Securities available for sale | 7,654,000 | 4,369,000 | 11,787,000 | 15,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,228,000 | 17,431,000 | 26,476,000 | 32,188,000 |
| Interest-bearing deposits | 7,257,000 | 13,963,000 | 19,945,000 | 26,022,000 |
| Noninterest-bearing deposits | 1,971,000 | 3,468,000 | 6,531,000 | 6,166,000 |
| Equity capital | 9,747,000 | 9,497,000 | 9,226,000 | 9,083,000 |
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 | 122,000 | 285,000 | 508,000 | 892,000 |
| Interest expense | 23,000 | 94,000 | 208,000 | 358,000 |
| Net interest income | 99,000 | 191,000 | 300,000 | 534,000 |
| Noninterest income | 4,000 | 25,000 | 61,000 | 95,000 |
| Noninterest expense | 213,000 | 542,000 | 880,000 | 1,215,000 |
| Provision for loan losses | 17,000 | 62,000 | 111,000 | 159,000 |
| Pretax income | -127,000 | -377,000 | -630,000 | -734,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -127,000 | -377,000 | -630,000 | -734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,729,000 | 9,472,000 | 9,218,000 | 9,114,000 |
| Total capital | 9,764,000 | 9,559,000 | 9,337,000 | 9,273,000 |
| Risk-weighted assets | 5,381,000 | 11,195,000 | 16,521,000 | 22,261,000 |