Call reports 2003
SUMTER NATIONAL BANK — 2003
What SUMTER NATIONAL 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 | 109,822,000 | 116,310,000 | 117,453,000 | 119,538,000 |
| Total loans | 94,271,000 | 97,145,000 | 99,751,000 | 102,706,000 |
| Allowance for loan losses | 1,089,000 | 1,088,000 | 1,172,000 | 1,305,000 |
| Securities available for sale | 2,627,000 | 3,266,000 | 3,756,000 | 3,752,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,238,000 | 96,604,000 | 97,315,000 | 99,148,000 |
| Interest-bearing deposits | 76,068,000 | 81,863,000 | 82,787,000 | 82,442,000 |
| Noninterest-bearing deposits | 14,170,000 | 14,741,000 | 14,528,000 | 16,706,000 |
| Equity capital | 8,094,000 | 8,315,000 | 8,686,000 | 9,062,000 |
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 | 1,666,000 | 3,331,000 | 5,038,000 | 6,736,000 |
| Interest expense | 609,000 | 1,225,000 | 1,847,000 | 2,415,000 |
| Net interest income | 1,057,000 | 2,106,000 | 3,191,000 | 4,321,000 |
| Noninterest income | 256,000 | 526,000 | 802,000 | 1,075,000 |
| Noninterest expense | 680,000 | 1,386,000 | 2,070,000 | 2,742,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 410,000 |
| Pretax income | 543,000 | 1,066,000 | 1,653,000 | 2,244,000 |
| Income tax | 194,000 | 385,000 | 596,000 | 808,000 |
| Net income | 349,000 | 681,000 | 1,057,000 | 1,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,083,000 | 8,302,000 | 8,679,000 | 9,057,000 |
| Total capital | 9,172,000 | 9,390,000 | 9,851,000 | 10,312,000 |
| Risk-weighted assets | 90,725,000 | 93,522,000 | 96,504,000 | 100,370,000 |