Call reports 2003
PINELAND BANK — 2003
What PINELAND 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 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 77,018,000 | 77,955,000 | 79,137,000 | 81,050,000 |
| Total loans | 57,844,000 | 63,193,000 | 62,226,000 | 60,771,000 |
| Allowance for loan losses | 1,020,000 | 1,056,000 | 1,069,000 | 1,038,000 |
| Securities available for sale | 8,362,000 | 7,614,000 | 8,296,000 | 7,621,000 |
| Securities held to maturity | 48,000 | 48,000 | 48,000 | 48,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,957,000 | 68,809,000 | 70,899,000 | 73,027,000 |
| Interest-bearing deposits | 61,773,000 | 60,183,000 | 61,592,000 | 63,028,000 |
| Noninterest-bearing deposits | 7,184,000 | 8,626,000 | 9,307,000 | 9,999,000 |
| Equity capital | 7,441,000 | 7,581,000 | 7,770,000 | 7,672,000 |
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 | 1,135,000 | 2,229,000 | 3,404,000 | 4,444,000 |
| Interest expense | 393,000 | 749,000 | 1,051,000 | 1,317,000 |
| Net interest income | 742,000 | 1,480,000 | 2,353,000 | 3,127,000 |
| Noninterest income | 180,000 | 379,000 | 602,000 | 776,000 |
| Noninterest expense | 584,000 | 1,233,000 | 1,856,000 | 2,543,000 |
| Provision for loan losses | 75,000 | 150,000 | 200,000 | 275,000 |
| Pretax income | 263,000 | 476,000 | 915,000 | 1,101,000 |
| Income tax | 89,000 | 158,000 | 311,000 | 325,000 |
| Net income | 174,000 | 318,000 | 604,000 | 776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,381,000 | 7,527,000 | 7,817,000 | 7,712,000 |
| Total capital | 8,179,000 | 8,375,000 | 8,655,000 | 8,545,000 |
| Risk-weighted assets | 63,656,000 | 67,631,000 | 66,831,000 | 66,469,000 |