Call reports 2003
ALTERRA BANK — 2003
What ALTERRA 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 | 60,267,000 | 61,612,000 | 62,858,000 | 64,220,000 |
| Total loans | 47,027,000 | 49,934,000 | 46,385,000 | 50,345,000 |
| Allowance for loan losses | 1,086,000 | 1,653,000 | 881,000 | 704,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,106,000 | 1,947,000 | 5,640,000 | 5,204,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,754,000 | 54,370,000 | 56,322,000 | 56,200,000 |
| Interest-bearing deposits | 47,995,000 | 49,719,000 | 51,497,000 | 49,755,000 |
| Noninterest-bearing deposits | 3,759,000 | 4,651,000 | 4,825,000 | 6,445,000 |
| Equity capital | 6,555,000 | 5,985,000 | 5,820,000 | 6,684,000 |
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 | 865,000 | 1,678,000 | 2,473,000 | 3,308,000 |
| Interest expense | 361,000 | 677,000 | 990,000 | 1,266,000 |
| Net interest income | 504,000 | 1,001,000 | 1,483,000 | 2,042,000 |
| Noninterest income | 47,000 | 98,000 | 154,000 | 225,000 |
| Noninterest expense | 504,000 | 1,023,000 | 1,615,000 | 2,136,000 |
| Provision for loan losses | 225,000 | 825,000 | 935,000 | 950,000 |
| Pretax income | -178,000 | -749,000 | -913,000 | -819,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -178,000 | -749,000 | -913,000 | -819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,327,000 | 3,758,000 | 3,594,000 | 4,459,000 |
| Total capital | 4,938,000 | 4,397,000 | 4,184,000 | 5,081,000 |
| Risk-weighted assets | 48,391,000 | 50,121,000 | 46,915,000 | 49,665,000 |