Call reports 2003
FLAGSHIP NATIONAL BANK — 2003
What FLAGSHIP 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 | 87,801,000 | 88,290,000 | 91,532,000 | 95,101,000 |
| Total loans | 63,536,000 | 65,221,000 | 70,888,000 | 75,612,000 |
| Allowance for loan losses | 662,000 | 657,000 | 700,000 | 767,000 |
| Securities available for sale | 13,443,000 | 11,499,000 | 10,561,000 | 10,806,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,905,000 | 80,351,000 | 83,535,000 | 86,911,000 |
| Interest-bearing deposits | 71,146,000 | 71,367,000 | 74,487,000 | 76,560,000 |
| Noninterest-bearing deposits | 7,759,000 | 8,984,000 | 9,048,000 | 10,351,000 |
| Equity capital | 6,202,000 | 6,198,000 | 6,243,000 | 6,481,000 |
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 | 1,129,000 | 2,229,000 | 3,339,000 | 4,516,000 |
| Interest expense | 486,000 | 968,000 | 1,438,000 | 1,900,000 |
| Net interest income | 643,000 | 1,261,000 | 1,901,000 | 2,616,000 |
| Noninterest income | 66,000 | 137,000 | 203,000 | 264,000 |
| Noninterest expense | 530,000 | 1,046,000 | 1,579,000 | 2,072,000 |
| Provision for loan losses | 32,000 | 195,000 | 238,000 | 319,000 |
| Pretax income | 147,000 | 159,000 | 289,000 | 491,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 147,000 | 159,000 | 289,000 | 491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,078,000 | 6,090,000 | 6,221,000 | 6,422,000 |
| Total capital | 6,740,000 | 6,747,000 | 6,921,000 | 7,189,000 |
| Risk-weighted assets | 64,909,000 | 64,813,000 | 70,105,000 | 74,554,000 |