Call reports 2003
FRANKLIN GROVE BANK — 2003
What FRANKLIN GROVE 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 | 23,161,000 | 22,995,000 | 23,435,000 | 25,031,000 |
| Total loans | 11,850,000 | 12,121,000 | 11,529,000 | 11,251,000 |
| Allowance for loan losses | 131,000 | 127,000 | 130,000 | 132,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,908,000 | 9,805,000 | 9,501,000 | 11,247,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,736,000 | 18,480,000 | 18,906,000 | 20,414,000 |
| Interest-bearing deposits | 16,847,000 | 16,543,000 | 16,697,000 | 17,064,000 |
| Noninterest-bearing deposits | 1,889,000 | 1,937,000 | 2,209,000 | 3,350,000 |
| Equity capital | 4,309,000 | 4,390,000 | 4,378,000 | 4,443,000 |
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 | 333,000 | 667,000 | 988,000 | 1,309,000 |
| Interest expense | 96,000 | 186,000 | 271,000 | 353,000 |
| Net interest income | 237,000 | 481,000 | 717,000 | 956,000 |
| Noninterest income | 13,000 | 27,000 | 42,000 | 54,000 |
| Noninterest expense | 143,000 | 269,000 | 400,000 | 555,000 |
| Provision for loan losses | 2,000 | 3,000 | 5,000 | 6,000 |
| Pretax income | 105,000 | 235,000 | 353,000 | 448,000 |
| Income tax | 20,000 | 69,000 | 111,000 | 141,000 |
| Net income | 85,000 | 166,000 | 242,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,309,000 | 4,390,000 | 4,378,000 | 4,443,000 |
| Total capital | 4,440,000 | 4,517,000 | 4,508,000 | 4,575,000 |
| Risk-weighted assets | 11,643,000 | 11,918,000 | 11,558,000 | 11,435,000 |