Call reports 2003
FIRST NATIONAL BANK, CORTEZ — 2003
What FIRST NATIONAL BANK, CORTEZ 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 | 67,429,000 | 67,691,000 | 67,784,000 | 71,049,000 |
| Total loans | 22,566,000 | 20,444,000 | 18,368,000 | 17,860,000 |
| Allowance for loan losses | 423,000 | 408,000 | 408,000 | 400,000 |
| Securities available for sale | 39,645,000 | 38,276,000 | 40,941,000 | 46,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,747,000 | 55,928,000 | 56,152,000 | 59,561,000 |
| Interest-bearing deposits | 45,901,000 | 45,277,000 | 44,862,000 | 47,312,000 |
| Noninterest-bearing deposits | 9,846,000 | 10,651,000 | 11,290,000 | 12,249,000 |
| Equity capital | 7,164,000 | 7,290,000 | 7,302,000 | 6,867,000 |
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 | 923,000 | 1,795,000 | 2,573,000 | 3,376,000 |
| Interest expense | 272,000 | 516,000 | 724,000 | 927,000 |
| Net interest income | 651,000 | 1,279,000 | 1,849,000 | 2,449,000 |
| Noninterest income | 103,000 | 219,000 | 326,000 | 444,000 |
| Noninterest expense | 572,000 | 1,161,000 | 1,704,000 | 2,239,000 |
| Provision for loan losses | 7,000 | 10,000 | 13,000 | 16,000 |
| Pretax income | 169,000 | 321,000 | 452,000 | 646,000 |
| Income tax | 36,000 | 54,000 | 72,000 | 93,000 |
| Net income | 133,000 | 267,000 | 380,000 | 553,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,609,000 | 6,589,000 | 6,850,000 | 6,428,000 |
| Total capital | 7,067,000 | 6,997,000 | 7,248,000 | 6,828,000 |
| Risk-weighted assets | 35,034,000 | 32,461,000 | 31,793,000 | 32,073,000 |