Call reports 2003
BANK OF CHOICE — 2003
What BANK OF CHOICE 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 | 139,086,000 | 146,496,000 | 165,838,000 | 192,782,000 |
| Total loans | 101,502,000 | 110,980,000 | 135,748,000 | 151,128,000 |
| Allowance for loan losses | 958,000 | 1,103,000 | 1,219,000 | 1,522,000 |
| Securities available for sale | 3,333,000 | 3,003,000 | 3,956,000 | 3,962,000 |
| Securities held to maturity | 14,019,000 | 14,620,000 | 10,372,000 | 12,016,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,901,000 | 131,297,000 | 147,605,000 | 173,696,000 |
| Interest-bearing deposits | 114,869,000 | 115,831,000 | 129,087,000 | 152,306,000 |
| Noninterest-bearing deposits | 15,032,000 | 15,466,000 | 18,518,000 | 21,390,000 |
| Equity capital | 8,804,000 | 14,992,000 | 18,023,000 | 18,555,000 |
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 | 2,135,000 | 4,266,000 | 6,877,000 | 9,746,000 |
| Interest expense | 893,000 | 1,687,000 | 2,446,000 | 3,250,000 |
| Net interest income | 1,242,000 | 2,579,000 | 4,431,000 | 6,496,000 |
| Noninterest income | 84,000 | 177,000 | 443,000 | 683,000 |
| Noninterest expense | 742,000 | 1,677,000 | 2,917,000 | 4,189,000 |
| Provision for loan losses | 140,000 | 380,000 | 710,000 | 1,065,000 |
| Pretax income | 444,000 | 699,000 | 1,247,000 | 1,925,000 |
| Income tax | 160,000 | 249,000 | 449,000 | 690,000 |
| Net income | 284,000 | 450,000 | 798,000 | 1,235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,969,000 | 14,992,000 | 17,977,000 | 18,578,000 |
| Total capital | 9,927,000 | 16,095,000 | 19,196,000 | 20,100,000 |
| Risk-weighted assets | 113,342,000 | 127,418,000 | 161,501,000 | 182,937,000 |