Call reports 2003
BAY AREA BANK — 2003
What BAY AREA 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 | 383,378,000 | 406,606,000 | 396,420,000 | 339,394,000 |
| Total loans | 176,336,000 | 168,822,000 | 155,375,000 | 130,183,000 |
| Allowance for loan losses | 6,927,000 | 7,069,000 | 6,493,000 | 6,058,000 |
| Securities available for sale | 181,590,000 | 213,029,000 | 213,125,000 | 179,339,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,149,000 | 227,150,000 | 206,121,000 | 190,134,000 |
| Interest-bearing deposits | 206,783,000 | 198,467,000 | 189,199,000 | 171,846,000 |
| Noninterest-bearing deposits | 18,366,000 | 28,683,000 | 16,922,000 | 18,288,000 |
| Equity capital | 24,517,000 | 25,715,000 | 25,289,000 | 24,878,000 |
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 | 4,682,000 | 9,318,000 | 13,767,000 | 18,127,000 |
| Interest expense | 1,333,000 | 2,337,000 | 3,246,000 | 4,118,000 |
| Net interest income | 3,349,000 | 6,981,000 | 10,521,000 | 14,009,000 |
| Noninterest income | 781,000 | 1,176,000 | 1,599,000 | 2,017,000 |
| Noninterest expense | 1,551,000 | 3,532,000 | 5,608,000 | 7,389,000 |
| Provision for loan losses | 1,732,000 | 2,424,000 | 2,524,000 | 2,536,000 |
| Pretax income | 860,000 | 2,394,000 | 4,237,000 | 6,683,000 |
| Income tax | 341,000 | 909,000 | 1,597,000 | 2,530,000 |
| Net income | 519,000 | 1,485,000 | 2,640,000 | 4,153,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,520,000 | 25,961,000 | 26,661,000 | 27,716,000 |
| Total capital | 28,358,000 | 28,801,000 | 29,399,000 | 30,023,000 |
| Risk-weighted assets | 222,865,000 | 222,879,000 | 215,209,000 | 180,786,000 |