Call reports 2003
STATE OF FRANKLIN SAVINGS BANK — 2003
What STATE OF FRANKLIN SAVINGS 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 | 273,271,000 | 283,610,000 | 292,500,000 | 290,566,000 |
| Total loans | 159,966,000 | 156,977,000 | 149,531,000 | 150,385,000 |
| Allowance for loan losses | 1,607,000 | 1,644,000 | 1,575,000 | 1,575,000 |
| Securities available for sale | 64,544,000 | 62,939,000 | 66,881,000 | 63,032,000 |
| Securities held to maturity | 10,005,000 | 15,884,000 | 27,343,000 | 34,032,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 212,681,000 | 224,104,000 | 232,096,000 | 230,196,000 |
| Interest-bearing deposits | 199,437,000 | 212,448,000 | 219,127,000 | 217,510,000 |
| Noninterest-bearing deposits | 13,243,000 | 11,656,000 | 12,969,000 | 12,686,000 |
| Equity capital | 22,178,000 | 22,089,000 | 22,785,000 | 22,783,000 |
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 | 3,677,000 | 7,132,000 | 10,449,000 | 13,994,000 |
| Interest expense | 1,571,000 | 3,197,000 | 4,766,000 | 6,333,000 |
| Net interest income | 2,106,000 | 3,935,000 | 5,683,000 | 7,661,000 |
| Noninterest income | 358,000 | 847,000 | 1,378,000 | 1,705,000 |
| Noninterest expense | 1,115,000 | 2,354,000 | 3,601,000 | 5,217,000 |
| Provision for loan losses | 120,000 | 160,000 | 160,000 | 160,000 |
| Pretax income | 1,229,000 | 2,268,000 | 3,300,000 | 3,989,000 |
| Income tax | 334,000 | 670,000 | 913,000 | 987,000 |
| Net income | 895,000 | 1,598,000 | 2,387,000 | 3,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,489,000 | 20,829,000 | 22,136,000 | 21,923,000 |
| Total capital | 23,139,000 | 22,473,000 | 23,711,000 | 23,498,000 |
| Risk-weighted assets | 187,447,000 | 184,741,000 | 194,096,000 | 190,212,000 |