Call reports 2003
SPRING VALLEY CITY BANK — 2003
What SPRING VALLEY CITY 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 | 139,767,000 | 141,099,000 | 141,566,000 | 145,227,000 |
| Total loans | 99,687,000 | 102,883,000 | 104,939,000 | 106,305,000 |
| Allowance for loan losses | 1,003,000 | 1,072,000 | 1,055,000 | 1,098,000 |
| Securities available for sale | 7,456,000 | 6,217,000 | 5,975,000 | 8,883,000 |
| Securities held to maturity | 21,339,000 | 21,262,000 | 20,400,000 | 17,420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,566,000 | 120,745,000 | 120,635,000 | 124,466,000 |
| Interest-bearing deposits | 109,113,000 | 110,172,000 | 110,162,000 | 113,398,000 |
| Noninterest-bearing deposits | 10,453,000 | 10,573,000 | 10,473,000 | 11,068,000 |
| Equity capital | 19,092,000 | 19,299,000 | 19,737,000 | 19,815,000 |
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 | 2,010,000 | 4,003,000 | 5,979,000 | 7,893,000 |
| Interest expense | 704,000 | 1,364,000 | 1,975,000 | 2,568,000 |
| Net interest income | 1,306,000 | 2,639,000 | 4,004,000 | 5,325,000 |
| Noninterest income | 76,000 | 160,000 | 247,000 | 337,000 |
| Noninterest expense | 667,000 | 1,334,000 | 2,035,000 | 2,765,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 375,000 |
| Pretax income | 640,000 | 1,315,000 | 1,993,000 | 2,524,000 |
| Income tax | 195,000 | 403,000 | 612,000 | 771,000 |
| Net income | 445,000 | 912,000 | 1,381,000 | 1,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,016,000 | 19,225,000 | 19,694,000 | 19,784,000 |
| Total capital | 20,019,000 | 20,297,000 | 20,749,000 | 20,882,000 |
| Risk-weighted assets | 83,267,000 | 86,124,000 | 87,209,000 | 88,157,000 |