Call reports 2003
OGLETHORPE BANK — 2003
What OGLETHORPE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q3 | 2003Q4 |
|---|---|---|
| Total assets | 14,538,000 | 24,502,000 |
| Total loans | 5,700,000 | 16,600,000 |
| Allowance for loan losses | 71,000 | 207,000 |
| Securities available for sale | 721,000 | 2,180,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 7,095,000 | 17,467,000 |
| Interest-bearing deposits | 6,528,000 | 15,885,000 |
| Noninterest-bearing deposits | 566,000 | 1,582,000 |
| Equity capital | 7,408,000 | 6,978,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q3 | 2003Q4 |
|---|---|---|
| Interest income | 62,000 | 264,000 |
| Interest expense | 17,000 | 65,000 |
| Net interest income | 45,000 | 199,000 |
| Noninterest income | 1,000 | 33,000 |
| Noninterest expense | 859,000 | 1,337,000 |
| Provision for loan losses | 71,000 | 207,000 |
| Pretax income | -884,000 | -1,312,000 |
| Income tax | 0 | 0 |
| Net income | -884,000 | -1,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q3 | 2003Q4 |
|---|---|---|
| Tier 1 capital | 7,424,000 | 6,996,000 |
| Total capital | 7,495,000 | 7,203,000 |
| Risk-weighted assets | 8,810,000 | 18,295,000 |