Call reports 2003
AVB BANK — 2003
What AVB 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 | 221,714,000 | 225,794,000 | 228,085,000 | 231,362,000 |
| Total loans | 117,536,000 | 120,520,000 | 123,171,000 | 130,701,000 |
| Allowance for loan losses | 1,458,000 | 1,474,000 | 1,526,000 | 1,585,000 |
| Securities available for sale | 74,088,000 | 81,290,000 | 83,086,000 | 82,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,566,000 | 186,265,000 | 189,921,000 | 191,791,000 |
| Interest-bearing deposits | 149,820,000 | 150,985,000 | 157,164,000 | 157,948,000 |
| Noninterest-bearing deposits | 32,747,000 | 35,280,000 | 32,757,000 | 33,842,000 |
| Equity capital | 30,628,000 | 31,266,000 | 31,226,000 | 31,869,000 |
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 | 2,846,000 | 5,789,000 | 8,745,000 | 11,819,000 |
| Interest expense | 769,000 | 1,539,000 | 2,257,000 | 2,947,000 |
| Net interest income | 2,077,000 | 4,250,000 | 6,488,000 | 8,872,000 |
| Noninterest income | 776,000 | 1,427,000 | 2,092,000 | 2,656,000 |
| Noninterest expense | 1,794,000 | 3,516,000 | 5,268,000 | 7,268,000 |
| Provision for loan losses | 170,000 | 295,000 | 350,000 | 511,000 |
| Pretax income | 1,078,000 | 2,185,000 | 3,281,000 | 4,147,000 |
| Income tax | 348,000 | 706,000 | 1,042,000 | 1,259,000 |
| Net income | 730,000 | 1,479,000 | 2,239,000 | 2,888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,407,000 | 30,124,000 | 30,884,000 | 31,470,000 |
| Total capital | 30,865,000 | 31,598,000 | 32,410,000 | 33,055,000 |
| Risk-weighted assets | 134,245,000 | 137,728,000 | 142,504,000 | 149,187,000 |