Call reports 2003
FORCHT BANK, NATIONAL ASSOCIATION — 2003
What FORCHT BANK, NATIONAL ASSOCIATION 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 | 46,163,000 | 42,912,000 | 55,771,000 | 60,222,000 |
| Total loans | 20,432,000 | 27,643,000 | 34,770,000 | 38,715,000 |
| Allowance for loan losses | 181,000 | 268,000 | 372,000 | 560,000 |
| Securities available for sale | 11,901,000 | 14,091,000 | 16,254,000 | 16,375,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,261,000 | 36,929,000 | 51,093,000 | 53,673,000 |
| Interest-bearing deposits | 40,081,000 | 33,894,000 | 47,396,000 | 49,497,000 |
| Noninterest-bearing deposits | 1,181,000 | 3,035,000 | 3,697,000 | 4,176,000 |
| Equity capital | 4,273,000 | 4,340,000 | 4,177,000 | 6,090,000 |
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 | 435,000 | 974,000 | 1,624,000 | 2,350,000 |
| Interest expense | 263,000 | 468,000 | 677,000 | 931,000 |
| Net interest income | 172,000 | 506,000 | 947,000 | 1,419,000 |
| Noninterest income | 13,000 | 31,000 | 55,000 | 79,000 |
| Noninterest expense | 459,000 | 859,000 | 1,228,000 | 1,620,000 |
| Provision for loan losses | 79,000 | 165,000 | 272,000 | 461,000 |
| Pretax income | -355,000 | -429,000 | -440,000 | -506,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -355,000 | -429,000 | -440,000 | -506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,226,000 | 4,152,000 | 4,141,000 | 6,075,000 |
| Total capital | 4,407,000 | 4,420,000 | 4,513,000 | 6,512,000 |
| Risk-weighted assets | 22,133,000 | 25,905,000 | 32,375,000 | 34,844,000 |