Call reports 2003
METHOD BANK — 2003
What METHOD 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 | 13,095,000 | 12,918,000 | 13,000,000 | 14,028,000 |
| Total loans | 7,477,000 | 7,153,000 | 7,038,000 | 7,324,000 |
| Allowance for loan losses | 167,000 | 169,000 | 169,000 | 169,000 |
| Securities available for sale | 1,049,000 | 1,940,000 | 1,871,000 | 2,559,000 |
| Securities held to maturity | 1,884,000 | 1,873,000 | 1,841,000 | 1,225,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,659,000 | 11,445,000 | 11,365,000 | 11,856,000 |
| Interest-bearing deposits | 8,170,000 | 8,133,000 | 8,103,000 | 7,852,000 |
| Noninterest-bearing deposits | 3,489,000 | 3,312,000 | 3,262,000 | 4,004,000 |
| Equity capital | 1,399,000 | 1,436,000 | 1,408,000 | 1,357,000 |
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 | 196,000 | 392,000 | 590,000 | 780,000 |
| Interest expense | 64,000 | 125,000 | 182,000 | 240,000 |
| Net interest income | 132,000 | 267,000 | 408,000 | 540,000 |
| Noninterest income | 25,000 | 58,000 | 82,000 | 141,000 |
| Noninterest expense | 139,000 | 276,000 | 408,000 | 558,000 |
| Provision for loan losses | 4,000 | 14,000 | 21,000 | 40,000 |
| Pretax income | 14,000 | 35,000 | 61,000 | 96,000 |
| Income tax | 0 | 0 | 3,000 | 14,000 |
| Net income | 14,000 | 35,000 | 58,000 | 82,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,389,000 | 1,411,000 | 1,433,000 | 1,378,000 |
| Total capital | 1,489,000 | 1,511,000 | 1,531,000 | 1,481,000 |
| Risk-weighted assets | 7,969,000 | 7,897,000 | 7,804,000 | 8,184,000 |