Call reports 2003
WELCOME STATE BANK — 2003
What WELCOME STATE 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 | 17,773,000 | 17,056,000 | 17,283,000 | 17,686,000 |
| Total loans | 11,726,000 | 11,653,000 | 12,492,000 | 12,128,000 |
| Allowance for loan losses | 249,000 | 256,000 | 265,000 | 260,000 |
| Securities available for sale | 1,627,000 | 1,465,000 | 2,347,000 | 2,336,000 |
| Securities held to maturity | 112,000 | 56,000 | 46,000 | 46,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,140,000 | 15,396,000 | 14,978,000 | 15,989,000 |
| Interest-bearing deposits | 12,144,000 | 12,180,000 | 11,726,000 | 12,277,000 |
| Noninterest-bearing deposits | 3,996,000 | 3,216,000 | 3,252,000 | 3,712,000 |
| Equity capital | 1,595,000 | 1,622,000 | 1,656,000 | 1,679,000 |
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 | 248,000 | 491,000 | 732,000 | 964,000 |
| Interest expense | 69,000 | 133,000 | 188,000 | 238,000 |
| Net interest income | 179,000 | 358,000 | 544,000 | 726,000 |
| Noninterest income | 38,000 | 86,000 | 123,000 | 202,000 |
| Noninterest expense | 129,000 | 246,000 | 371,000 | 560,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 30,000 |
| Pretax income | 79,000 | 180,000 | 269,000 | 338,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 79,000 | 180,000 | 269,000 | 338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,535,000 | 1,567,000 | 1,622,000 | 1,656,000 |
| Total capital | 1,696,000 | 1,728,000 | 1,792,000 | 1,827,000 |
| Risk-weighted assets | 13,051,000 | 13,111,000 | 13,654,000 | 13,243,000 |