Call reports 2003
ACADEMY BANK — 2003
What ACADEMY 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 | 39,366,000 | 38,817,000 | 42,080,000 | 42,537,000 |
| Total loans | 29,277,000 | 28,568,000 | 31,329,000 | 31,697,000 |
| Allowance for loan losses | 366,000 | 384,000 | 427,000 | 427,000 |
| Securities available for sale | 7,335,000 | 7,062,000 | 7,335,000 | 6,947,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,242,000 | 33,527,000 | 36,506,000 | 34,926,000 |
| Interest-bearing deposits | 28,592,000 | 28,529,000 | 32,263,000 | 30,329,000 |
| Noninterest-bearing deposits | 4,650,000 | 4,998,000 | 4,243,000 | 4,597,000 |
| Equity capital | 4,877,000 | 4,913,000 | 4,943,000 | 5,054,000 |
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 | 548,000 | 1,108,000 | 1,683,000 | 2,277,000 |
| Interest expense | 199,000 | 390,000 | 584,000 | 797,000 |
| Net interest income | 349,000 | 718,000 | 1,099,000 | 1,480,000 |
| Noninterest income | 132,000 | 230,000 | 362,000 | 465,000 |
| Noninterest expense | 353,000 | 734,000 | 1,117,000 | 1,464,000 |
| Provision for loan losses | 22,000 | 47,000 | 96,000 | 113,000 |
| Pretax income | 106,000 | 167,000 | 248,000 | 368,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 106,000 | 167,000 | 248,000 | 368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,793,000 | 4,853,000 | 4,934,000 | 5,055,000 |
| Total capital | 5,159,000 | 5,233,000 | 5,345,000 | 5,474,000 |
| Risk-weighted assets | 29,656,000 | 30,368,000 | 32,882,000 | 33,512,000 |