Call reports 2003
STATE EXCHANGE BANK, THE — 2003
What STATE EXCHANGE BANK, THE 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 | 27,078,000 | 26,464,000 | 26,819,000 | 29,855,000 |
| Total loans | 13,354,000 | 13,900,000 | 15,166,000 | 15,244,000 |
| Allowance for loan losses | 192,000 | 145,000 | 196,000 | 250,000 |
| Securities available for sale | 10,905,000 | 10,377,000 | 9,761,000 | 9,906,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,739,000 | 20,008,000 | 20,489,000 | 23,615,000 |
| Interest-bearing deposits | 17,930,000 | 17,639,000 | 17,241,000 | 19,738,000 |
| Noninterest-bearing deposits | 2,809,000 | 2,369,000 | 3,248,000 | 3,877,000 |
| Equity capital | 3,065,000 | 3,196,000 | 3,064,000 | 3,007,000 |
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 | 373,000 | 737,000 | 1,118,000 | 1,497,000 |
| Interest expense | 155,000 | 301,000 | 438,000 | 571,000 |
| Net interest income | 218,000 | 436,000 | 680,000 | 926,000 |
| Noninterest income | 18,000 | 46,000 | 70,000 | 93,000 |
| Noninterest expense | 132,000 | 266,000 | 420,000 | 644,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 100,000 |
| Pretax income | 104,000 | 216,000 | 290,000 | 275,000 |
| Income tax | 3,000 | 10,000 | 13,000 | 16,000 |
| Net income | 101,000 | 206,000 | 277,000 | 259,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,784,000 | 2,888,000 | 2,859,000 | 2,832,000 |
| Total capital | 2,976,000 | 3,033,000 | 3,055,000 | 3,060,000 |
| Risk-weighted assets | 16,011,000 | 16,337,000 | 17,503,000 | 18,204,000 |