Call reports 2003
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2003
What ARMED FORCES BANK, 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 | 509,335,000 | 526,999,000 | 528,965,000 | 580,641,000 |
| Total loans | 93,481,000 | 110,967,000 | 118,157,000 | 120,349,000 |
| Allowance for loan losses | 2,816,000 | 2,970,000 | 3,024,000 | 3,227,000 |
| Securities available for sale | 52,059,000 | 68,391,000 | 40,288,000 | 40,243,000 |
| Securities held to maturity | 135,265,000 | 241,539,000 | 215,647,000 | 213,882,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 442,511,000 | 463,458,000 | 467,121,000 | 513,677,000 |
| Interest-bearing deposits | 323,022,000 | 325,277,000 | 328,604,000 | 335,539,000 |
| Noninterest-bearing deposits | 119,489,000 | 138,181,000 | 138,517,000 | 178,138,000 |
| Equity capital | 53,853,000 | 54,882,000 | 55,795,000 | 57,653,000 |
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 | 4,147,000 | 7,565,000 | 10,465,000 | 14,283,000 |
| Interest expense | 996,000 | 1,901,000 | 2,640,000 | 3,286,000 |
| Net interest income | 3,151,000 | 5,664,000 | 7,825,000 | 10,997,000 |
| Noninterest income | 16,767,000 | 33,577,000 | 51,297,000 | 69,258,000 |
| Noninterest expense | 10,843,000 | 21,387,000 | 32,350,000 | 43,593,000 |
| Provision for loan losses | 450,000 | 975,000 | 1,650,000 | 2,225,000 |
| Pretax income | 8,625,000 | 16,879,000 | 25,122,000 | 34,437,000 |
| Income tax | 3,194,000 | 6,260,000 | 9,287,000 | 12,751,000 |
| Net income | 5,431,000 | 10,619,000 | 15,835,000 | 21,686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,747,000 | 52,159,000 | 53,598,000 | 55,672,000 |
| Total capital | 53,094,000 | 54,673,000 | 56,261,000 | 58,450,000 |
| Risk-weighted assets | 187,304,000 | 200,811,000 | 212,705,000 | 221,619,000 |