Call reports 2003
BANK FORWARD — 2003
What BANK FORWARD 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 | 201,583,000 | 221,184,000 | 235,898,000 | 246,077,000 |
| Total loans | 154,438,000 | 178,312,000 | 189,708,000 | 194,027,000 |
| Allowance for loan losses | 1,756,000 | 1,840,000 | 2,115,000 | 2,166,000 |
| Securities available for sale | 31,283,000 | 31,252,000 | 30,092,000 | 32,711,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,205,000 | 182,341,000 | 195,439,000 | 209,524,000 |
| Interest-bearing deposits | 156,399,000 | 162,338,000 | 170,711,000 | 184,197,000 |
| Noninterest-bearing deposits | 18,806,000 | 20,003,000 | 24,728,000 | 25,327,000 |
| Equity capital | 16,003,000 | 16,968,000 | 18,387,000 | 18,729,000 |
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 | 3,052,000 | 6,246,000 | 9,578,000 | 13,124,000 |
| Interest expense | 1,071,000 | 2,144,000 | 3,241,000 | 4,294,000 |
| Net interest income | 1,981,000 | 4,102,000 | 6,337,000 | 8,830,000 |
| Noninterest income | 278,000 | 536,000 | 797,000 | 1,210,000 |
| Noninterest expense | 1,685,000 | 3,485,000 | 5,500,000 | 7,679,000 |
| Provision for loan losses | 90,000 | 181,000 | 493,000 | 665,000 |
| Pretax income | 522,000 | 1,027,000 | 1,210,000 | 1,765,000 |
| Income tax | 36,000 | 72,000 | 109,000 | 103,000 |
| Net income | 486,000 | 955,000 | 1,101,000 | 1,662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,439,000 | 16,247,000 | 18,006,000 | 18,315,000 |
| Total capital | 17,195,000 | 18,087,000 | 20,121,000 | 20,481,000 |
| Risk-weighted assets | 156,440,000 | 177,798,000 | 187,114,000 | 192,649,000 |