Call reports 2003
FLORIDA CHOICE BANK — 2003
What FLORIDA CHOICE 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 | 113,001,000 | 129,984,000 | 139,515,000 | 149,022,000 |
| Total loans | 92,004,000 | 104,117,000 | 114,612,000 | 122,302,000 |
| Allowance for loan losses | 1,258,000 | 1,412,000 | 1,467,000 | 1,562,000 |
| Securities available for sale | 10,202,000 | 11,480,000 | 9,165,000 | 10,832,000 |
| Securities held to maturity | 0 | 0 | 0 | 2,832,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,551,000 | 109,211,000 | 116,592,000 | 123,511,000 |
| Interest-bearing deposits | 87,818,000 | 97,745,000 | 102,515,000 | 108,096,000 |
| Noninterest-bearing deposits | 10,733,000 | 11,466,000 | 14,077,000 | 15,415,000 |
| Equity capital | 9,014,000 | 9,183,000 | 9,255,000 | 11,611,000 |
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 | 1,601,000 | 3,299,000 | 5,170,000 | 7,090,000 |
| Interest expense | 585,000 | 1,128,000 | 1,687,000 | 2,280,000 |
| Net interest income | 1,016,000 | 2,171,000 | 3,483,000 | 4,810,000 |
| Noninterest income | 159,000 | 369,000 | 595,000 | 732,000 |
| Noninterest expense | 891,000 | 1,850,000 | 2,933,000 | 3,910,000 |
| Provision for loan losses | 110,000 | 264,000 | 347,000 | 441,000 |
| Pretax income | 174,000 | 426,000 | 804,000 | 1,211,000 |
| Income tax | 63,000 | 157,000 | 309,000 | 417,000 |
| Net income | 111,000 | 269,000 | 495,000 | 794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,916,000 | 9,074,000 | 9,299,000 | 11,663,000 |
| Total capital | 10,084,000 | 10,412,000 | 10,766,000 | 13,225,000 |
| Risk-weighted assets | 93,367,000 | 106,966,000 | 118,000,000 | 126,768,000 |