Call reports 2003
SOUTHERN EXCHANGE BANK — 2003
What SOUTHERN EXCHANGE 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 |
|---|---|---|---|
| Total assets | 795,599,000 | 761,010,000 | 781,733,000 |
| Total loans | 169,733,000 | 171,297,000 | 166,873,000 |
| Allowance for loan losses | 2,506,000 | 2,603,000 | 2,795,000 |
| Securities available for sale | 452,861,000 | 414,720,000 | 424,240,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 481,501,000 | 443,088,000 | 473,485,000 |
| Interest-bearing deposits | 438,526,000 | 397,306,000 | 427,778,000 |
| Noninterest-bearing deposits | 42,975,000 | 45,782,000 | 45,707,000 |
| Equity capital | 150,200,000 | 152,029,000 | 144,947,000 |
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 |
|---|---|---|---|
| Interest income | 0 | 6,107,000 | 11,829,000 |
| Interest expense | 0 | 2,000,000 | 4,123,000 |
| Net interest income | 0 | 4,107,000 | 7,706,000 |
| Noninterest income | 0 | 1,043,000 | 2,061,000 |
| Noninterest expense | 0 | 3,339,000 | 6,648,000 |
| Provision for loan losses | 0 | 90,000 | 0 |
| Pretax income | 0 | 1,721,000 | 3,111,000 |
| Income tax | 0 | 621,000 | 1,114,000 |
| Net income | 0 | 1,100,000 | 1,997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 |
|---|---|---|---|
| Tier 1 capital | 44,219,000 | 42,964,000 | 41,878,000 |
| Total capital | 46,725,000 | 45,567,000 | 44,673,000 |
| Risk-weighted assets | 301,146,000 | 307,114,000 | 309,685,000 |