Call reports 2003
MAGIC VALLEY BANK — 2003
What MAGIC VALLEY 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 | 65,531,000 | 68,684,000 | 67,179,000 | 78,523,000 |
| Total loans | 46,747,000 | 52,837,000 | 54,216,000 | 58,018,000 |
| Allowance for loan losses | 791,000 | 756,000 | 834,000 | 814,000 |
| Securities available for sale | 6,016,000 | 7,389,000 | 6,697,000 | 6,442,000 |
| Securities held to maturity | 874,000 | 873,000 | 872,000 | 871,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,307,000 | 57,591,000 | 57,251,000 | 68,028,000 |
| Interest-bearing deposits | 46,614,000 | 44,594,000 | 44,275,000 | 48,096,000 |
| Noninterest-bearing deposits | 10,693,000 | 12,997,000 | 12,976,000 | 19,932,000 |
| Equity capital | 6,397,000 | 6,620,000 | 6,719,000 | 6,835,000 |
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 | 1,088,000 | 2,272,000 | 3,523,000 | 4,701,000 |
| Interest expense | 247,000 | 475,000 | 688,000 | 896,000 |
| Net interest income | 841,000 | 1,797,000 | 2,835,000 | 3,805,000 |
| Noninterest income | 78,000 | 161,000 | 238,000 | 318,000 |
| Noninterest expense | 667,000 | 1,376,000 | 2,187,000 | 3,037,000 |
| Provision for loan losses | 61,000 | 96,000 | 176,000 | 176,000 |
| Pretax income | 191,000 | 495,000 | 719,000 | 919,000 |
| Income tax | 67,000 | 176,000 | 235,000 | 314,000 |
| Net income | 124,000 | 319,000 | 484,000 | 605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,319,000 | 6,514,000 | 6,682,000 | 6,801,000 |
| Total capital | 6,975,000 | 7,236,000 | 7,414,000 | 7,510,000 |
| Risk-weighted assets | 52,380,000 | 57,697,000 | 58,436,000 | 56,640,000 |