Call reports 2003
ATLANTIC STEWARDSHIP BANK — 2003
What ATLANTIC STEWARDSHIP 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 | 337,201,000 | 356,033,000 | 373,826,000 | 396,852,000 |
| Total loans | 234,031,000 | 237,484,000 | 253,349,000 | 262,240,000 |
| Allowance for loan losses | 2,788,000 | 2,885,000 | 2,791,000 | 2,888,000 |
| Securities available for sale | 9,099,000 | 16,123,000 | 35,227,000 | 58,011,000 |
| Securities held to maturity | 59,401,000 | 54,389,000 | 52,598,000 | 51,308,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,248,000 | 324,545,000 | 339,574,000 | 341,919,000 |
| Interest-bearing deposits | 243,933,000 | 251,647,000 | 256,587,000 | 260,043,000 |
| Noninterest-bearing deposits | 63,315,000 | 72,898,000 | 82,987,000 | 81,876,000 |
| Equity capital | 23,548,000 | 24,316,000 | 27,839,000 | 28,961,000 |
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 | 4,606,000 | 9,238,000 | 13,941,000 | 18,883,000 |
| Interest expense | 1,180,000 | 2,355,000 | 3,406,000 | 4,451,000 |
| Net interest income | 3,426,000 | 6,883,000 | 10,535,000 | 14,432,000 |
| Noninterest income | 665,000 | 1,435,000 | 2,182,000 | 2,809,000 |
| Noninterest expense | 2,687,000 | 5,447,000 | 8,364,000 | 11,287,000 |
| Provision for loan losses | 115,000 | 225,000 | 315,000 | 425,000 |
| Pretax income | 1,316,000 | 2,673,000 | 4,087,000 | 5,578,000 |
| Income tax | 460,000 | 937,000 | 1,439,000 | 1,969,000 |
| Net income | 856,000 | 1,736,000 | 2,648,000 | 3,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,196,000 | 23,962,000 | 27,734,000 | 28,744,000 |
| Total capital | 25,984,000 | 26,847,000 | 30,525,000 | 31,632,000 |
| Risk-weighted assets | 228,691,000 | 236,941,000 | 251,076,000 | 261,346,000 |