Call reports 2003
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2003
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 186,673,000 | 194,668,000 | 207,416,000 | 190,712,000 |
| Total loans | 101,787,000 | 104,844,000 | 103,035,000 | 102,750,000 |
| Allowance for loan losses | 1,013,000 | 1,022,000 | 1,062,000 | 1,079,000 |
| Securities available for sale | 63,326,000 | 67,123,000 | 72,585,000 | 72,536,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,342,000 | 171,799,000 | 184,996,000 | 168,130,000 |
| Interest-bearing deposits | 144,325,000 | 146,786,000 | 154,202,000 | 143,852,000 |
| Noninterest-bearing deposits | 20,017,000 | 25,013,000 | 30,794,000 | 24,278,000 |
| Equity capital | 19,669,000 | 20,198,000 | 19,792,000 | 20,078,000 |
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 | 2,501,000 | 4,918,000 | 7,302,000 | 9,663,000 |
| Interest expense | 849,000 | 1,665,000 | 2,397,000 | 3,048,000 |
| Net interest income | 1,652,000 | 3,253,000 | 4,905,000 | 6,615,000 |
| Noninterest income | 152,000 | 345,000 | 555,000 | 765,000 |
| Noninterest expense | 1,079,000 | 2,225,000 | 3,497,000 | 4,761,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 165,000 |
| Pretax income | 687,000 | 1,289,000 | 1,834,000 | 2,460,000 |
| Income tax | 177,000 | 326,000 | 456,000 | 563,000 |
| Net income | 510,000 | 963,000 | 1,378,000 | 1,897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,632,000 | 18,861,000 | 19,052,000 | 19,306,000 |
| Total capital | 19,646,000 | 19,884,000 | 20,115,000 | 20,386,000 |
| Risk-weighted assets | 140,999,000 | 145,794,000 | 148,641,000 | 145,755,000 |