Call reports 2003
ATLANTIC BANK — 2003
What ATLANTIC 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 |
|---|---|---|---|
| Total assets | 230,903,000 | 240,980,000 | 294,769,000 |
| Total loans | 126,394,000 | 123,224,000 | 129,275,000 |
| Allowance for loan losses | 1,403,000 | 1,367,000 | 1,435,000 |
| Securities available for sale | 9,481,000 | 2,415,000 | 30,068,000 |
| Securities held to maturity | 59,432,000 | 68,130,000 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 191,694,000 | 200,141,000 | 212,616,000 |
| Interest-bearing deposits | 175,596,000 | 180,090,000 | 195,068,000 |
| Noninterest-bearing deposits | 16,098,000 | 20,051,000 | 17,548,000 |
| Equity capital | 29,481,000 | 29,767,000 | 69,341,000 |
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 |
|---|---|---|---|
| Interest income | 2,952,000 | 5,766,000 | 8,058,000 |
| Interest expense | 650,000 | 1,254,000 | 1,623,000 |
| Net interest income | 2,302,000 | 4,512,000 | 6,435,000 |
| Noninterest income | 692,000 | 1,395,000 | 2,090,000 |
| Noninterest expense | 2,496,000 | 4,984,000 | 7,208,000 |
| Provision for loan losses | -117,000 | -157,000 | -45,000 |
| Pretax income | 615,000 | 1,080,000 | 1,362,000 |
| Income tax | 221,000 | 382,000 | 478,000 |
| Net income | 394,000 | 698,000 | 884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Tier 1 capital | 20,113,000 | 20,861,000 | 65,167,000 |
| Total capital | 21,516,000 | 22,228,000 | 66,602,000 |
| Risk-weighted assets | 141,742,000 | 143,692,000 | 191,690,000 |