Call reports 2003
BRIGHTON COMMERCE BANK — 2003
What BRIGHTON COMMERCE 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 | 83,323,000 | 86,060,000 | 92,448,000 | 92,184,000 |
| Total loans | 71,920,000 | 77,790,000 | 74,931,000 | 80,271,000 |
| Allowance for loan losses | 721,000 | 746,000 | 748,000 | 795,000 |
| Securities available for sale | 0 | 0 | 0 | 401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,547,000 | 72,841,000 | 79,054,000 | 78,488,000 |
| Interest-bearing deposits | 61,909,000 | 62,042,000 | 69,215,000 | 67,271,000 |
| Noninterest-bearing deposits | 9,638,000 | 10,799,000 | 9,839,000 | 11,217,000 |
| Equity capital | 6,873,000 | 7,375,000 | 7,541,000 | 7,927,000 |
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 | 1,245,000 | 2,572,000 | 3,830,000 | 5,144,000 |
| Interest expense | 391,000 | 786,000 | 1,166,000 | 1,540,000 |
| Net interest income | 854,000 | 1,786,000 | 2,664,000 | 3,604,000 |
| Noninterest income | 129,000 | 295,000 | 524,000 | 623,000 |
| Noninterest expense | 627,000 | 1,271,000 | 1,934,000 | 2,605,000 |
| Provision for loan losses | -130,000 | -105,000 | -103,000 | -56,000 |
| Pretax income | 486,000 | 915,000 | 1,357,000 | 1,678,000 |
| Income tax | 166,000 | 313,000 | 464,000 | 574,000 |
| Net income | 320,000 | 602,000 | 893,000 | 1,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,550,000 | 7,052,000 | 7,218,000 | 7,604,000 |
| Total capital | 7,271,000 | 7,798,000 | 7,966,000 | 8,399,000 |
| Risk-weighted assets | 72,714,000 | 78,007,000 | 79,554,000 | 83,414,000 |