Call reports 2003
BANKFIRST FINANCIAL SERVICES — 2003
What BANKFIRST FINANCIAL SERVICES 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 | 296,572,000 | 308,198,000 | 322,497,000 | 327,152,000 |
| Total loans | 205,218,000 | 215,590,000 | 224,108,000 | 246,226,000 |
| Allowance for loan losses | 2,038,000 | 2,029,000 | 2,147,000 | 2,316,000 |
| Securities available for sale | 40,804,000 | 43,921,000 | 48,060,000 | 42,752,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,950,000 | 224,940,000 | 229,887,000 | 238,586,000 |
| Interest-bearing deposits | 192,918,000 | 190,308,000 | 197,078,000 | 206,902,000 |
| Noninterest-bearing deposits | 28,032,000 | 34,632,000 | 32,809,000 | 31,685,000 |
| Equity capital | 21,864,000 | 22,717,000 | 26,108,000 | 25,298,000 |
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 | 4,312,000 | 8,860,000 | 13,533,000 | 18,192,000 |
| Interest expense | 1,749,000 | 3,550,000 | 5,219,000 | 6,907,000 |
| Net interest income | 2,563,000 | 5,310,000 | 8,314,000 | 11,285,000 |
| Noninterest income | 872,000 | 1,930,000 | 2,918,000 | 3,952,000 |
| Noninterest expense | 2,485,000 | 4,918,000 | 7,283,000 | 9,843,000 |
| Provision for loan losses | 54,000 | 319,000 | 626,000 | 995,000 |
| Pretax income | 893,000 | 2,006,000 | 3,326,000 | 4,402,000 |
| Income tax | 301,000 | 700,000 | 1,164,000 | 1,548,000 |
| Net income | 592,000 | 1,306,000 | 2,162,000 | 2,854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,313,000 | 22,033,000 | 25,896,000 | 25,096,000 |
| Total capital | 23,351,000 | 24,062,000 | 28,043,000 | 27,412,000 |
| Risk-weighted assets | 218,105,000 | 225,804,000 | 242,138,000 | 251,977,000 |