Call reports 2003
STATE BANK OF TAUNTON — 2003
What STATE BANK OF TAUNTON 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 | 25,944,000 | 26,166,000 | 28,151,000 | 29,406,000 |
| Total loans | 15,251,000 | 16,253,000 | 16,194,000 | 15,790,000 |
| Allowance for loan losses | 513,000 | 567,000 | 567,000 | 583,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,146,000 | 6,886,000 | 7,650,000 | 9,207,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,474,000 | 21,618,000 | 23,552,000 | 24,902,000 |
| Interest-bearing deposits | 19,210,000 | 19,387,000 | 20,677,000 | 22,340,000 |
| Noninterest-bearing deposits | 2,264,000 | 2,231,000 | 2,875,000 | 2,562,000 |
| Equity capital | 4,345,000 | 4,365,000 | 4,421,000 | 4,399,000 |
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 | 355,000 | 706,000 | 1,057,000 | 1,409,000 |
| Interest expense | 110,000 | 221,000 | 338,000 | 458,000 |
| Net interest income | 245,000 | 485,000 | 719,000 | 951,000 |
| Noninterest income | 27,000 | 56,000 | 103,000 | 127,000 |
| Noninterest expense | 209,000 | 406,000 | 604,000 | 805,000 |
| Provision for loan losses | 20,000 | 70,000 | 70,000 | 100,000 |
| Pretax income | 43,000 | 65,000 | 148,000 | 173,000 |
| Income tax | 9,000 | 11,000 | 38,000 | 58,000 |
| Net income | 34,000 | 54,000 | 110,000 | 115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,345,000 | 4,365,000 | 4,421,000 | 4,399,000 |
| Total capital | 4,676,000 | 4,699,000 | 4,780,000 | 4,774,000 |
| Risk-weighted assets | 26,275,000 | 26,500,000 | 28,510,000 | 29,781,000 |