Call reports 2003
VIKING STATE BANK & TRUST — 2003
What VIKING STATE BANK & TRUST 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 | 49,511,000 | 50,630,000 | 54,849,000 | 57,336,000 |
| Total loans | 44,811,000 | 45,967,000 | 47,457,000 | 49,526,000 |
| Allowance for loan losses | 485,000 | 506,000 | 527,000 | 544,000 |
| Securities available for sale | 1,255,000 | 1,268,000 | 1,256,000 | 1,748,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,819,000 | 44,872,000 | 48,868,000 | 51,439,000 |
| Interest-bearing deposits | 40,098,000 | 41,061,000 | 44,582,000 | 46,248,000 |
| Noninterest-bearing deposits | 3,721,000 | 3,811,000 | 4,286,000 | 5,191,000 |
| Equity capital | 5,481,000 | 5,544,000 | 5,761,000 | 5,713,000 |
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 | 767,000 | 1,553,000 | 2,358,000 | 3,163,000 |
| Interest expense | 237,000 | 469,000 | 684,000 | 898,000 |
| Net interest income | 530,000 | 1,084,000 | 1,674,000 | 2,265,000 |
| Noninterest income | 64,000 | 154,000 | 235,000 | 283,000 |
| Noninterest expense | 224,000 | 474,000 | 756,000 | 1,051,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 349,000 | 722,000 | 1,090,000 | 1,413,000 |
| Income tax | 17,000 | 36,000 | 55,000 | 71,000 |
| Net income | 332,000 | 686,000 | 1,035,000 | 1,342,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,429,000 | 5,479,000 | 5,708,000 | 5,667,000 |
| Total capital | 5,914,000 | 5,985,000 | 6,235,000 | 6,211,000 |
| Risk-weighted assets | 43,766,000 | 44,826,000 | 47,275,000 | 49,052,000 |