Call reports 2003
MORGANTOWN BANK & TRUST COMPANY, INCORPORATED — 2003
What MORGANTOWN BANK & TRUST COMPANY, INCORPORATED 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 | 118,357,000 | 120,179,000 | 121,215,000 | 122,297,000 |
| Total loans | 65,918,000 | 66,852,000 | 70,907,000 | 73,313,000 |
| Allowance for loan losses | 1,366,000 | 1,352,000 | 1,263,000 | 1,223,000 |
| Securities available for sale | 28,664,000 | 28,842,000 | 28,026,000 | 25,913,000 |
| Securities held to maturity | 15,335,000 | 15,895,000 | 16,324,000 | 15,933,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,245,000 | 95,110,000 | 94,566,000 | 95,783,000 |
| Interest-bearing deposits | 80,276,000 | 80,474,000 | 80,000,000 | 80,366,000 |
| Noninterest-bearing deposits | 14,969,000 | 14,636,000 | 14,566,000 | 15,417,000 |
| Equity capital | 12,751,000 | 12,961,000 | 12,917,000 | 12,808,000 |
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 | 1,632,000 | 3,254,000 | 4,846,000 | 6,417,000 |
| Interest expense | 725,000 | 1,467,000 | 2,210,000 | 2,946,000 |
| Net interest income | 907,000 | 1,787,000 | 2,636,000 | 3,471,000 |
| Noninterest income | 192,000 | 402,000 | 604,000 | 834,000 |
| Noninterest expense | 876,000 | 1,779,000 | 2,636,000 | 3,535,000 |
| Provision for loan losses | 50,000 | 67,000 | 67,000 | 67,000 |
| Pretax income | 173,000 | 343,000 | 537,000 | 706,000 |
| Income tax | 0 | 0 | 5,000 | 20,000 |
| Net income | 173,000 | 343,000 | 532,000 | 686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,422,000 | 12,527,000 | 12,652,000 | 12,614,000 |
| Total capital | 13,249,000 | 13,373,000 | 13,523,000 | 13,463,000 |
| Risk-weighted assets | 65,702,000 | 67,144,000 | 69,316,000 | 67,561,000 |