Call reports 2003
WESTERN RESERVE BANK — 2003
What WESTERN RESERVE 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 | 85,106,000 | 91,708,000 | 99,680,000 | 104,280,000 |
| Total loans | 76,974,000 | 84,224,000 | 91,608,000 | 95,548,000 |
| Allowance for loan losses | 1,092,000 | 1,199,000 | 1,472,000 | 1,502,000 |
| Securities available for sale | 2,215,000 | 1,396,000 | 1,308,000 | 1,734,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,677,000 | 80,103,000 | 87,702,000 | 91,931,000 |
| Interest-bearing deposits | 65,393,000 | 69,431,000 | 76,469,000 | 82,220,000 |
| Noninterest-bearing deposits | 8,284,000 | 10,672,000 | 11,233,000 | 9,711,000 |
| Equity capital | 6,420,000 | 6,528,000 | 7,078,000 | 7,415,000 |
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 | 1,207,000 | 2,478,000 | 3,801,000 | 5,245,000 |
| Interest expense | 385,000 | 799,000 | 1,216,000 | 1,680,000 |
| Net interest income | 822,000 | 1,679,000 | 2,585,000 | 3,565,000 |
| Noninterest income | 76,000 | 147,000 | 229,000 | 469,000 |
| Noninterest expense | 640,000 | 1,297,000 | 1,953,000 | 2,633,000 |
| Provision for loan losses | 50,000 | 155,000 | 403,000 | 431,000 |
| Pretax income | 208,000 | 374,000 | 458,000 | 970,000 |
| Income tax | 71,000 | 128,000 | 157,000 | 330,000 |
| Net income | 137,000 | 246,000 | 301,000 | 640,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,399,000 | 6,507,000 | 7,063,000 | 7,402,000 |
| Total capital | 8,851,000 | 9,079,000 | 9,729,000 | 10,100,000 |
| Risk-weighted assets | 75,999,000 | 85,662,000 | 92,977,000 | 95,533,000 |