Call reports 2003
FIRST BANK OF WHITE — 2003
What FIRST BANK OF WHITE 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 | 35,646,000 | 36,061,000 | 36,692,000 | 36,895,000 |
| Total loans | 23,797,000 | 25,617,000 | 27,322,000 | 26,771,000 |
| Allowance for loan losses | 208,000 | 205,000 | 282,000 | 288,000 |
| Securities available for sale | 7,963,000 | 8,456,000 | 4,437,000 | 6,519,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,357,000 | 32,675,000 | 33,406,000 | 33,433,000 |
| Interest-bearing deposits | 31,178,000 | 31,563,000 | 32,136,000 | 31,702,000 |
| Noninterest-bearing deposits | 1,179,000 | 1,112,000 | 1,269,000 | 1,730,000 |
| Equity capital | 2,695,000 | 2,814,000 | 2,827,000 | 2,888,000 |
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 | 490,000 | 996,000 | 1,496,000 | 2,005,000 |
| Interest expense | 272,000 | 533,000 | 779,000 | 1,014,000 |
| Net interest income | 218,000 | 463,000 | 717,000 | 991,000 |
| Noninterest income | 41,000 | 82,000 | 118,000 | 156,000 |
| Noninterest expense | 127,000 | 269,000 | 406,000 | 587,000 |
| Provision for loan losses | 3,000 | 8,000 | 90,000 | 110,000 |
| Pretax income | 129,000 | 268,000 | 339,000 | 452,000 |
| Income tax | 41,000 | 86,000 | 94,000 | 142,000 |
| Net income | 88,000 | 182,000 | 245,000 | 310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,604,000 | 2,698,000 | 2,761,000 | 2,826,000 |
| Total capital | 2,812,000 | 2,903,000 | 3,043,000 | 3,114,000 |
| Risk-weighted assets | 27,581,000 | 27,482,000 | 28,958,000 | 28,713,000 |