Call reports 2003
FIRST NATIONAL BANK OF CAMBRIDGE, THE — 2003
What FIRST NATIONAL BANK OF CAMBRIDGE, 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 | 40,240,000 | 40,412,000 | 40,474,000 | 40,921,000 |
| Total loans | 28,972,000 | 30,158,000 | 28,334,000 | 26,398,000 |
| Allowance for loan losses | 249,000 | 502,000 | 464,000 | 455,000 |
| Securities available for sale | 5,924,000 | 6,412,000 | 6,607,000 | 9,768,000 |
| Securities held to maturity | 346,000 | 126,000 | 121,000 | 119,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,459,000 | 35,856,000 | 35,784,000 | 36,306,000 |
| Interest-bearing deposits | 32,644,000 | 33,226,000 | 32,517,000 | 32,470,000 |
| Noninterest-bearing deposits | 2,815,000 | 2,630,000 | 3,267,000 | 3,836,000 |
| Equity capital | 4,341,000 | 4,178,000 | 4,322,000 | 4,443,000 |
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 | 554,000 | 1,116,000 | 1,647,000 | 2,149,000 |
| Interest expense | 247,000 | 478,000 | 681,000 | 863,000 |
| Net interest income | 307,000 | 638,000 | 966,000 | 1,286,000 |
| Noninterest income | 74,000 | 132,000 | 195,000 | 313,000 |
| Noninterest expense | 313,000 | 607,000 | 853,000 | 1,131,000 |
| Provision for loan losses | 0 | 275,000 | 275,000 | 275,000 |
| Pretax income | 64,000 | -115,000 | 28,000 | 188,000 |
| Income tax | 11,000 | 16,000 | -23,000 | 20,000 |
| Net income | 53,000 | -131,000 | 51,000 | 168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,263,000 | 4,078,000 | 4,255,000 | 4,377,000 |
| Total capital | 4,512,000 | 4,461,000 | 4,620,000 | 4,726,000 |
| Risk-weighted assets | 31,224,000 | 30,455,000 | 29,101,000 | 27,786,000 |