Call reports 2003
FIRST TUSKEGEE BANK — 2003
What FIRST TUSKEGEE 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 | 65,126,000 | 70,225,000 | 66,669,000 | 61,129,000 |
| Total loans | 40,504,000 | 40,875,000 | 38,895,000 | 38,443,000 |
| Allowance for loan losses | 567,000 | 576,000 | 427,000 | 490,000 |
| Securities available for sale | 13,482,000 | 18,145,000 | 15,689,000 | 16,770,000 |
| Securities held to maturity | 649,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,455,000 | 60,656,000 | 58,258,000 | 53,686,000 |
| Interest-bearing deposits | 46,706,000 | 52,374,000 | 50,195,000 | 48,136,000 |
| Noninterest-bearing deposits | 8,749,000 | 8,282,000 | 8,063,000 | 5,550,000 |
| Equity capital | 4,931,000 | 4,825,000 | 3,750,000 | 3,830,000 |
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 | 952,000 | 1,943,000 | 2,868,000 | 3,789,000 |
| Interest expense | 255,000 | 529,000 | 787,000 | 1,015,000 |
| Net interest income | 697,000 | 1,414,000 | 2,081,000 | 2,774,000 |
| Noninterest income | 162,000 | 302,000 | 449,000 | 641,000 |
| Noninterest expense | 719,000 | 1,418,000 | 2,113,000 | 2,866,000 |
| Provision for loan losses | 30,000 | 60,000 | 932,000 | 1,024,000 |
| Pretax income | 110,000 | 238,000 | -332,000 | -301,000 |
| Income tax | 7,000 | 15,000 | 0 | -15,000 |
| Net income | 103,000 | 223,000 | -332,000 | -286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,680,000 | 4,560,000 | 4,005,000 | 4,101,000 |
| Total capital | 5,237,000 | 5,135,000 | 4,432,000 | 4,591,000 |
| Risk-weighted assets | 44,531,000 | 45,996,000 | 42,466,000 | 40,369,000 |