Call reports 2003
WEST SHORE BANK — 2003
What WEST SHORE 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 | 273,006,000 | 270,408,000 | 279,922,000 | 278,536,000 |
| Total loans | 166,779,000 | 165,818,000 | 163,427,000 | 166,564,000 |
| Allowance for loan losses | 2,215,000 | 2,320,000 | 2,428,000 | 2,316,000 |
| Securities available for sale | 46,831,000 | 50,118,000 | 61,080,000 | 54,668,000 |
| Securities held to maturity | 16,022,000 | 19,795,000 | 23,045,000 | 24,471,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,495,000 | 217,717,000 | 222,241,000 | 220,502,000 |
| Interest-bearing deposits | 197,674,000 | 197,765,000 | 201,264,000 | 200,715,000 |
| Noninterest-bearing deposits | 17,821,000 | 19,952,000 | 20,977,000 | 19,787,000 |
| Equity capital | 21,055,000 | 21,453,000 | 21,767,000 | 22,331,000 |
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 | 3,828,000 | 7,601,000 | 11,245,000 | 14,844,000 |
| Interest expense | 1,531,000 | 2,973,000 | 4,368,000 | 5,673,000 |
| Net interest income | 2,297,000 | 4,628,000 | 6,877,000 | 9,171,000 |
| Noninterest income | 500,000 | 1,092,000 | 1,611,000 | 2,042,000 |
| Noninterest expense | 1,702,000 | 3,409,000 | 5,082,000 | 6,431,000 |
| Provision for loan losses | 126,000 | 252,000 | 398,000 | 403,000 |
| Pretax income | 969,000 | 2,059,000 | 3,008,000 | 4,379,000 |
| Income tax | 246,000 | 540,000 | 758,000 | 1,154,000 |
| Net income | 723,000 | 1,519,000 | 2,250,000 | 3,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,484,000 | 20,746,000 | 21,479,000 | 21,930,000 |
| Total capital | 22,699,000 | 22,927,000 | 23,629,000 | 24,116,000 |
| Risk-weighted assets | 177,499,000 | 174,310,000 | 171,713,000 | 174,762,000 |