Call reports 2003
FIRST GUARANTY BANK — 2003
What FIRST GUARANTY 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 | 455,988,000 | 470,070,000 | 478,980,000 | 484,715,000 |
| Total loans | 359,281,000 | 373,680,000 | 377,561,000 | 382,358,000 |
| Allowance for loan losses | 4,410,000 | 4,674,000 | 4,762,000 | 4,942,000 |
| Securities available for sale | 56,538,000 | 47,667,000 | 45,851,000 | 30,724,000 |
| Securities held to maturity | 0 | 9,413,000 | 13,833,000 | 28,730,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 373,210,000 | 369,635,000 | 367,321,000 | 376,002,000 |
| Interest-bearing deposits | 298,359,000 | 296,129,000 | 291,995,000 | 301,360,000 |
| Noninterest-bearing deposits | 74,851,000 | 73,507,000 | 75,326,000 | 74,642,000 |
| Equity capital | 41,874,000 | 43,442,000 | 44,546,000 | 45,798,000 |
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 | 6,878,000 | 14,027,000 | 21,327,000 | 28,716,000 |
| Interest expense | 1,806,000 | 3,546,000 | 5,189,000 | 6,781,000 |
| Net interest income | 5,072,000 | 10,481,000 | 16,138,000 | 21,935,000 |
| Noninterest income | 1,230,000 | 2,345,000 | 3,759,000 | 5,136,000 |
| Noninterest expense | 3,829,000 | 7,377,000 | 11,193,000 | 15,160,000 |
| Provision for loan losses | 290,000 | 608,000 | 936,000 | 1,258,000 |
| Pretax income | 2,183,000 | 4,845,000 | 7,773,000 | 10,630,000 |
| Income tax | 743,000 | 1,648,000 | 2,643,000 | 3,614,000 |
| Net income | 1,440,000 | 3,197,000 | 5,130,000 | 7,016,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,300,000 | 40,713,000 | 42,262,000 | 43,674,000 |
| Total capital | 43,710,000 | 45,387,000 | 47,024,000 | 48,618,000 |
| Risk-weighted assets | 403,088,000 | 412,735,000 | 391,687,000 | 399,847,000 |