Call reports 2003
SEQUOIA NATIONAL BANK — 2003
What SEQUOIA 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 | 54,438,000 | 62,662,000 | 67,576,000 | 69,270,000 |
| Total loans | 32,140,000 | 36,548,000 | 37,256,000 | 41,890,000 |
| Allowance for loan losses | 690,000 | 690,000 | 690,000 | 690,000 |
| Securities available for sale | 11,328,000 | 4,826,000 | 2,307,000 | 5,261,000 |
| Securities held to maturity | 324,000 | 323,000 | 321,000 | 320,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,608,000 | 55,200,000 | 59,721,000 | 61,994,000 |
| Interest-bearing deposits | 40,623,000 | 47,431,000 | 51,325,000 | 53,465,000 |
| Noninterest-bearing deposits | 5,984,000 | 7,769,000 | 8,396,000 | 8,529,000 |
| Equity capital | 7,546,000 | 7,108,000 | 7,012,000 | 6,826,000 |
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 | 636,000 | 1,277,000 | 1,930,000 | 2,613,000 |
| Interest expense | 202,000 | 382,000 | 603,000 | 823,000 |
| Net interest income | 434,000 | 895,000 | 1,327,000 | 1,790,000 |
| Noninterest income | 40,000 | 107,000 | 243,000 | 273,000 |
| Noninterest expense | 693,000 | 1,639,000 | 2,303,000 | 2,966,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -219,000 | -637,000 | -724,000 | -894,000 |
| Income tax | 0 | 0 | 1,000 | 10,000 |
| Net income | -219,000 | -637,000 | -725,000 | -904,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,511,000 | 7,094,000 | 7,002,000 | 6,816,000 |
| Total capital | 7,947,000 | 7,596,000 | 7,531,000 | 7,402,000 |
| Risk-weighted assets | 34,603,000 | 39,974,000 | 42,137,000 | 46,782,000 |