Call reports 2003
FIRST CHOICE BANK — 2003
What FIRST CHOICE 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 | 206,728,000 | 202,816,000 | 202,337,000 | 199,539,000 |
| Total loans | 130,222,000 | 132,407,000 | 138,604,000 | 134,697,000 |
| Allowance for loan losses | 1,721,000 | 1,775,000 | 2,187,000 | 1,864,000 |
| Securities available for sale | 34,275,000 | 33,815,000 | 28,648,000 | 28,640,000 |
| Securities held to maturity | 13,749,000 | 12,882,000 | 12,286,000 | 11,850,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,362,000 | 172,137,000 | 171,136,000 | 168,623,000 |
| Interest-bearing deposits | 151,682,000 | 148,445,000 | 147,723,000 | 144,151,000 |
| Noninterest-bearing deposits | 24,680,000 | 23,692,000 | 23,413,000 | 24,472,000 |
| Equity capital | 29,135,000 | 29,902,000 | 30,479,000 | 30,129,000 |
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 | 2,923,000 | 5,899,000 | 9,148,000 | 12,111,000 |
| Interest expense | 809,000 | 1,586,000 | 2,315,000 | 2,994,000 |
| Net interest income | 2,114,000 | 4,313,000 | 6,833,000 | 9,117,000 |
| Noninterest income | 466,000 | 1,023,000 | 1,514,000 | 2,024,000 |
| Noninterest expense | 1,207,000 | 2,582,000 | 3,885,000 | 5,438,000 |
| Provision for loan losses | 383,000 | 721,000 | 1,197,000 | 1,377,000 |
| Pretax income | 1,051,000 | 2,094,000 | 3,326,000 | 4,436,000 |
| Income tax | 343,000 | 686,000 | 1,109,000 | 1,475,000 |
| Net income | 708,000 | 1,408,000 | 2,217,000 | 2,961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,419,000 | 29,128,000 | 29,945,000 | 29,728,000 |
| Total capital | 30,038,000 | 30,764,000 | 31,644,000 | 31,383,000 |
| Risk-weighted assets | 129,390,000 | 130,745,000 | 135,402,000 | 132,172,000 |