Call reports 2003
CHITTENDEN TRUST COMPANY — 2003
What CHITTENDEN TRUST COMPANY 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 | 2,934,806,000 | 2,922,316,000 | 2,891,095,000 | 2,983,589,000 |
| Total loans | 1,856,762,000 | 1,821,076,000 | 1,891,252,000 | 1,835,423,000 |
| Allowance for loan losses | 26,464,000 | 26,818,000 | 27,452,000 | 27,527,000 |
| Securities available for sale | 892,978,000 | 919,761,000 | 778,839,000 | 904,386,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,405,397,000 | 2,443,736,000 | 2,589,363,000 | 2,641,386,000 |
| Interest-bearing deposits | 2,189,587,000 | 2,209,703,000 | 2,357,073,000 | 2,417,256,000 |
| Noninterest-bearing deposits | 215,810,000 | 234,033,000 | 232,290,000 | 224,130,000 |
| Equity capital | 232,158,000 | 239,154,000 | 242,005,000 | 221,904,000 |
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 | 38,587,000 | 75,565,000 | 111,002,000 | 146,071,000 |
| Interest expense | 9,114,000 | 16,614,000 | 22,287,000 | 28,135,000 |
| Net interest income | 29,473,000 | 58,951,000 | 88,715,000 | 117,936,000 |
| Noninterest income | 12,487,000 | 24,428,000 | 37,822,000 | 50,153,000 |
| Noninterest expense | 20,594,000 | 47,846,000 | 68,701,000 | 102,352,000 |
| Provision for loan losses | 1,125,000 | 2,250,000 | 3,375,000 | 4,500,000 |
| Pretax income | 21,142,000 | 40,870,000 | 64,199,000 | 71,859,000 |
| Income tax | 7,022,000 | 13,553,000 | 21,294,000 | 23,522,000 |
| Net income | 14,120,000 | 27,317,000 | 42,905,000 | 48,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 203,460,000 | 210,751,000 | 220,749,000 | 206,463,000 |
| Total capital | 229,924,000 | 237,569,000 | 248,036,000 | 233,990,000 |
| Risk-weighted assets | 2,178,009,000 | 2,207,788,000 | 2,182,791,000 | 2,245,663,000 |