Call reports 2003
FIRST STATE BANK OF MIDDLEBURY — 2003
What FIRST STATE BANK OF MIDDLEBURY 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 | 264,480,000 | 271,503,000 | 263,699,000 | 278,234,000 |
| Total loans | 191,565,000 | 189,751,000 | 190,041,000 | 197,632,000 |
| Allowance for loan losses | 1,835,000 | 1,792,000 | 1,838,000 | 1,850,000 |
| Securities available for sale | 34,107,000 | 36,457,000 | 34,703,000 | 34,437,000 |
| Securities held to maturity | 16,135,000 | 18,738,000 | 21,873,000 | 22,096,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,572,000 | 210,157,000 | 201,996,000 | 216,228,000 |
| Interest-bearing deposits | 186,822,000 | 185,359,000 | 175,664,000 | 187,953,000 |
| Noninterest-bearing deposits | 23,749,000 | 24,798,000 | 26,331,000 | 28,275,000 |
| Equity capital | 22,407,000 | 22,399,000 | 23,055,000 | 22,480,000 |
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 | 3,755,000 | 7,538,000 | 11,300,000 | 15,025,000 |
| Interest expense | 1,312,000 | 2,604,000 | 3,757,000 | 4,863,000 |
| Net interest income | 2,443,000 | 4,934,000 | 7,543,000 | 10,162,000 |
| Noninterest income | 475,000 | 1,003,000 | 1,487,000 | 1,995,000 |
| Noninterest expense | 1,848,000 | 3,682,000 | 5,539,000 | 7,444,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 995,000 | 2,189,000 | 3,350,000 | 4,497,000 |
| Income tax | 301,000 | 664,000 | 1,008,000 | 1,348,000 |
| Net income | 694,000 | 1,525,000 | 2,342,000 | 3,149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,063,000 | 22,094,000 | 22,911,000 | 22,318,000 |
| Total capital | 23,898,000 | 23,886,000 | 24,749,000 | 24,168,000 |
| Risk-weighted assets | 179,361,000 | 182,517,000 | 178,867,000 | 186,038,000 |