Call reports 2003
BANK OF MCCRORY — 2003
What BANK OF MCCRORY 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 | 63,224,000 | 67,479,000 | 69,628,000 | 69,442,000 |
| Total loans | 32,074,000 | 37,192,000 | 38,794,000 | 31,495,000 |
| Allowance for loan losses | 878,000 | 848,000 | 833,000 | 847,000 |
| Securities available for sale | 22,649,000 | 15,779,000 | 20,333,000 | 25,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,245,000 | 59,157,000 | 61,095,000 | 61,699,000 |
| Interest-bearing deposits | 45,622,000 | 48,845,000 | 51,070,000 | 49,223,000 |
| Noninterest-bearing deposits | 9,623,000 | 10,312,000 | 10,025,000 | 12,476,000 |
| Equity capital | 7,543,000 | 7,833,000 | 7,990,000 | 7,471,000 |
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 | 878,000 | 1,792,000 | 2,752,000 | 3,581,000 |
| Interest expense | 224,000 | 442,000 | 648,000 | 831,000 |
| Net interest income | 654,000 | 1,350,000 | 2,104,000 | 2,750,000 |
| Noninterest income | 66,000 | 152,000 | 227,000 | 295,000 |
| Noninterest expense | 385,000 | 776,000 | 1,180,000 | 1,700,000 |
| Provision for loan losses | 0 | 0 | 70,000 | 70,000 |
| Pretax income | 337,000 | 856,000 | 1,211,000 | 1,343,000 |
| Income tax | 106,000 | 274,000 | 388,000 | 448,000 |
| Net income | 231,000 | 582,000 | 823,000 | 895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,290,000 | 7,640,000 | 7,881,000 | 7,353,000 |
| Total capital | 7,753,000 | 8,185,000 | 8,426,000 | 7,823,000 |
| Risk-weighted assets | 36,636,000 | 43,273,000 | 43,337,000 | 37,257,000 |