Call reports 2003
MORGAN BANK, NATIONAL ASSOCIATION — 2003
What MORGAN BANK, NATIONAL ASSOCIATION 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 | 98,575,000 | 102,645,000 | 112,677,000 | 116,104,000 |
| Total loans | 74,734,000 | 78,940,000 | 92,258,000 | 93,453,000 |
| Allowance for loan losses | 724,000 | 730,000 | 813,000 | 824,000 |
| Securities available for sale | 16,607,000 | 14,284,000 | 12,891,000 | 14,509,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,587,000 | 86,100,000 | 96,436,000 | 101,452,000 |
| Interest-bearing deposits | 81,124,000 | 79,417,000 | 89,739,000 | 94,891,000 |
| Noninterest-bearing deposits | 5,463,000 | 6,683,000 | 6,697,000 | 6,561,000 |
| Equity capital | 8,936,000 | 9,061,000 | 9,093,000 | 9,318,000 |
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 | 1,376,000 | 2,844,000 | 4,526,000 | 6,207,000 |
| Interest expense | 532,000 | 1,012,000 | 1,490,000 | 2,016,000 |
| Net interest income | 844,000 | 1,832,000 | 3,036,000 | 4,191,000 |
| Noninterest income | 138,000 | 269,000 | 392,000 | 531,000 |
| Noninterest expense | 700,000 | 1,505,000 | 2,464,000 | 3,376,000 |
| Provision for loan losses | 32,000 | 67,000 | 174,000 | 209,000 |
| Pretax income | 282,000 | 564,000 | 843,000 | 1,191,000 |
| Income tax | 96,000 | 192,000 | 286,000 | 414,000 |
| Net income | 186,000 | 372,000 | 557,000 | 777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,799,000 | 8,937,000 | 9,071,000 | 9,242,000 |
| Total capital | 9,523,000 | 9,667,000 | 9,884,000 | 10,066,000 |
| Risk-weighted assets | 80,202,000 | 82,995,000 | 96,334,000 | 99,097,000 |