Call reports 2003
APPLIED BANK — 2003
What APPLIED 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 | 1,395,635,000 | 1,303,349,000 | 1,256,897,000 | 1,142,809,000 |
| Total loans | 1,041,892,000 | 1,032,421,000 | 1,008,016,000 | 1,009,412,000 |
| Allowance for loan losses | 246,861,000 | 264,342,000 | 248,818,000 | 268,609,000 |
| Securities available for sale | 13,991,000 | 96,523,000 | 94,342,000 | 83,531,000 |
| Securities held to maturity | 234,485,000 | 33,660,000 | 57,056,000 | 57,765,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 823,714,000 | 739,773,000 | 679,647,000 | 610,655,000 |
| Interest-bearing deposits | 811,666,000 | 726,350,000 | 668,517,000 | 599,313,000 |
| Noninterest-bearing deposits | 12,048,000 | 13,423,000 | 11,130,000 | 11,342,000 |
| Equity capital | 427,781,000 | 432,050,000 | 439,995,000 | 429,234,000 |
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 | 35,135,000 | 84,683,000 | 127,820,000 | 172,693,000 |
| Interest expense | 10,224,000 | 19,781,000 | 28,417,000 | 36,405,000 |
| Net interest income | 24,911,000 | 64,902,000 | 99,403,000 | 136,288,000 |
| Noninterest income | 81,347,000 | 183,251,000 | 271,980,000 | 347,901,000 |
| Noninterest expense | 34,102,000 | 97,029,000 | 146,720,000 | 191,646,000 |
| Provision for loan losses | 21,015,000 | 93,287,000 | 154,415,000 | 239,107,000 |
| Pretax income | 51,141,000 | 57,837,000 | 70,248,000 | 53,436,000 |
| Income tax | 19,359,000 | 21,786,000 | 26,252,000 | 20,201,000 |
| Net income | 31,782,000 | 36,051,000 | 43,996,000 | 33,235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 427,781,000 | 432,050,000 | 439,995,000 | 429,234,000 |
| Total capital | 490,599,000 | 491,052,000 | 492,671,000 | 476,342,000 |
| Risk-weighted assets | 3,956,058,000 | 3,575,147,000 | 3,116,370,000 | 2,745,103,000 |