Call reports 2003
SECURED TRUST BANK — 2003
What SECURED TRUST BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 |
|---|---|---|
| Total assets | 49,618,000 | 46,740,000 |
| Total loans | 24,435,000 | 24,274,000 |
| Allowance for loan losses | 218,000 | 232,000 |
| Securities available for sale | 15,367,000 | 16,713,000 |
| Securities held to maturity | 3,389,000 | 2,761,000 |
| Trading assets | 0 | 0 |
| Total deposits | 41,330,000 | 37,135,000 |
| Interest-bearing deposits | 36,775,000 | 33,477,000 |
| Noninterest-bearing deposits | 4,555,000 | 3,658,000 |
| Equity capital | 5,595,000 | 5,850,000 |
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 |
|---|---|---|
| Interest income | 646,000 | 1,251,000 |
| Interest expense | 225,000 | 422,000 |
| Net interest income | 421,000 | 829,000 |
| Noninterest income | 383,000 | 774,000 |
| Noninterest expense | 509,000 | 1,052,000 |
| Provision for loan losses | 14,000 | 27,000 |
| Pretax income | 281,000 | 524,000 |
| Income tax | 1,000 | 9,000 |
| Net income | 280,000 | 515,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 |
|---|---|---|
| Tier 1 capital | 4,989,000 | 5,224,000 |
| Total capital | 5,207,000 | 5,456,000 |
| Risk-weighted assets | 30,591,000 | 31,003,000 |