Call reports 2003
ADRIAN STATE BANK — 2003
What ADRIAN STATE 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 | 25,946,000 | 25,913,000 | 26,571,000 | 28,248,000 |
| Total loans | 13,692,000 | 13,595,000 | 13,228,000 | 14,086,000 |
| Allowance for loan losses | 159,000 | 167,000 | 176,000 | 192,000 |
| Securities available for sale | 9,287,000 | 8,899,000 | 8,608,000 | 9,684,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,318,000 | 22,313,000 | 23,030,000 | 24,771,000 |
| Interest-bearing deposits | 19,118,000 | 18,901,000 | 19,750,000 | 20,952,000 |
| Noninterest-bearing deposits | 3,200,000 | 3,412,000 | 3,280,000 | 3,819,000 |
| Equity capital | 3,161,000 | 3,147,000 | 3,084,000 | 3,106,000 |
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 | 361,000 | 706,000 | 1,035,000 | 1,369,000 |
| Interest expense | 133,000 | 258,000 | 374,000 | 485,000 |
| Net interest income | 228,000 | 448,000 | 661,000 | 884,000 |
| Noninterest income | 22,000 | 49,000 | 72,000 | 95,000 |
| Noninterest expense | 205,000 | 402,000 | 603,000 | 815,000 |
| Provision for loan losses | 42,000 | 51,000 | 60,000 | 69,000 |
| Pretax income | 3,000 | 44,000 | 70,000 | 95,000 |
| Income tax | 0 | 0 | 0 | -17,000 |
| Net income | 3,000 | 44,000 | 70,000 | 112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,929,000 | 2,950,000 | 2,953,000 | 2,974,000 |
| Total capital | 3,088,000 | 3,117,000 | 3,129,000 | 3,166,000 |
| Risk-weighted assets | 16,180,000 | 16,145,000 | 16,003,000 | 17,105,000 |