Call reports 2003
BANK OF RIDGEWAY — 2003
What BANK OF RIDGEWAY 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 | 88,791,000 | 91,216,000 | 90,576,000 | 90,799,000 |
| Total loans | 45,773,000 | 46,060,000 | 45,514,000 | 45,587,000 |
| Allowance for loan losses | 450,000 | 456,000 | 450,000 | 432,000 |
| Securities available for sale | 17,774,000 | 20,512,000 | 18,334,000 | 26,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,290,000 | 73,371,000 | 72,737,000 | 73,704,000 |
| Interest-bearing deposits | 60,943,000 | 62,396,000 | 61,203,000 | 62,607,000 |
| Noninterest-bearing deposits | 10,347,000 | 10,975,000 | 11,534,000 | 11,097,000 |
| Equity capital | 13,439,000 | 13,662,000 | 13,587,000 | 13,788,000 |
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 | 1,079,000 | 2,096,000 | 3,144,000 | 4,157,000 |
| Interest expense | 259,000 | 505,000 | 712,000 | 903,000 |
| Net interest income | 820,000 | 1,591,000 | 2,432,000 | 3,254,000 |
| Noninterest income | 202,000 | 396,000 | 619,000 | 839,000 |
| Noninterest expense | 683,000 | 1,359,000 | 2,058,000 | 2,740,000 |
| Provision for loan losses | 24,000 | 48,000 | 90,000 | 126,000 |
| Pretax income | 315,000 | 442,000 | 765,000 | 1,087,000 |
| Income tax | 75,000 | 158,000 | 264,000 | 369,000 |
| Net income | 240,000 | 284,000 | 501,000 | 718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,496,000 | 6,500,000 | 6,702,000 | 6,906,000 |
| Total capital | 6,946,000 | 6,956,000 | 7,152,000 | 7,338,000 |
| Risk-weighted assets | 46,996,000 | 48,094,000 | 47,267,000 | 48,016,000 |