Call reports 2003
PINEBANK, NATIONAL ASSOCIATION — 2003
What PINEBANK, NATIONAL ASSOCIATION 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 | 383,463,000 | 358,081,000 | 367,428,000 | 401,480,000 |
| Total loans | 304,187,000 | 278,228,000 | 282,306,000 | 278,380,000 |
| Allowance for loan losses | 3,647,000 | 3,738,000 | 3,784,000 | 3,786,000 |
| Securities available for sale | 14,876,000 | 8,184,000 | 10,684,000 | 17,235,000 |
| Securities held to maturity | 6,861,000 | 6,776,000 | 7,766,000 | 7,678,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,832,000 | 288,295,000 | 288,722,000 | 302,843,000 |
| Interest-bearing deposits | 260,586,000 | 225,223,000 | 228,592,000 | 238,457,000 |
| Noninterest-bearing deposits | 47,246,000 | 63,072,000 | 60,130,000 | 64,386,000 |
| Equity capital | 30,142,000 | 31,251,000 | 32,313,000 | 30,626,000 |
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 | 5,037,000 | 9,880,000 | 14,504,000 | 18,887,000 |
| Interest expense | 1,965,000 | 3,660,000 | 5,040,000 | 6,412,000 |
| Net interest income | 3,072,000 | 6,220,000 | 9,464,000 | 12,475,000 |
| Noninterest income | 591,000 | 1,180,000 | 1,857,000 | 2,548,000 |
| Noninterest expense | 2,316,000 | 4,744,000 | 7,258,000 | 14,299,000 |
| Provision for loan losses | 90,000 | 180,000 | 180,000 | 180,000 |
| Pretax income | 1,251,000 | 2,619,000 | 4,026,000 | 1,379,000 |
| Income tax | 446,000 | 996,000 | 1,456,000 | 268,000 |
| Net income | 805,000 | 1,623,000 | 2,570,000 | 1,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,278,000 | 31,097,000 | 32,044,000 | 30,562,000 |
| Total capital | 45,574,000 | 46,335,000 | 47,222,000 | 46,114,000 |
| Risk-weighted assets | 138,043,000 | 132,887,000 | 127,519,000 | 157,832,000 |