Call reports 2003
BANK OF FLORIDA - SOUTHEAST — 2003
What BANK OF FLORIDA - SOUTHEAST 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 | 36,774,000 | 47,342,000 | 58,545,000 | 63,462,000 |
| Total loans | 23,603,000 | 31,880,000 | 39,252,000 | 53,258,000 |
| Allowance for loan losses | 226,000 | 319,000 | 380,000 | 519,000 |
| Securities available for sale | 2,577,000 | 2,434,000 | 2,046,000 | 1,913,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,105,000 | 41,171,000 | 52,155,000 | 57,316,000 |
| Interest-bearing deposits | 26,993,000 | 34,382,000 | 43,669,000 | 46,097,000 |
| Noninterest-bearing deposits | 3,112,000 | 6,789,000 | 8,486,000 | 11,219,000 |
| Equity capital | 6,510,000 | 6,060,000 | 6,257,000 | 6,024,000 |
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 | 352,000 | 846,000 | 1,437,000 | 2,205,000 |
| Interest expense | 164,000 | 312,000 | 484,000 | 684,000 |
| Net interest income | 188,000 | 534,000 | 953,000 | 1,521,000 |
| Noninterest income | 21,000 | 32,000 | 80,000 | 139,000 |
| Noninterest expense | 685,000 | 1,407,000 | 2,079,000 | 2,811,000 |
| Provision for loan losses | 96,000 | 189,000 | 250,000 | 388,000 |
| Pretax income | -572,000 | -1,030,000 | -1,296,000 | -1,539,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -572,000 | -1,030,000 | -1,296,000 | -1,539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,505,000 | 6,047,000 | 6,281,000 | 6,038,000 |
| Total capital | 6,731,000 | 6,366,000 | 6,661,000 | 6,557,000 |
| Risk-weighted assets | 27,581,000 | 35,848,000 | 43,863,000 | 56,214,000 |