Call reports 2003
SHELBY STATE BANK, THE — 2003
What SHELBY STATE BANK, THE 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 | 148,175,000 | 152,464,000 | 150,623,000 | 146,855,000 |
| Total loans | 84,820,000 | 84,098,000 | 85,781,000 | 84,378,000 |
| Allowance for loan losses | 1,016,000 | 1,040,000 | 1,051,000 | 1,041,000 |
| Securities available for sale | 39,666,000 | 46,408,000 | 50,559,000 | 46,278,000 |
| Securities held to maturity | 3,566,000 | 3,285,000 | 3,273,000 | 2,908,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,214,000 | 133,452,000 | 130,896,000 | 127,618,000 |
| Interest-bearing deposits | 109,987,000 | 110,559,000 | 109,975,000 | 104,544,000 |
| Noninterest-bearing deposits | 19,227,000 | 22,893,000 | 20,920,000 | 23,074,000 |
| Equity capital | 15,834,000 | 16,389,000 | 16,266,000 | 16,299,000 |
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 | 2,070,000 | 4,116,000 | 6,129,000 | 8,099,000 |
| Interest expense | 596,000 | 1,157,000 | 1,610,000 | 2,032,000 |
| Net interest income | 1,474,000 | 2,959,000 | 4,519,000 | 6,067,000 |
| Noninterest income | 385,000 | 720,000 | 1,586,000 | 2,097,000 |
| Noninterest expense | 1,205,000 | 2,400,000 | 4,074,000 | 5,533,000 |
| Provision for loan losses | 58,000 | 95,000 | 163,000 | 168,000 |
| Pretax income | 596,000 | 1,184,000 | 1,868,000 | 2,481,000 |
| Income tax | 135,000 | 259,000 | 455,000 | 563,000 |
| Net income | 461,000 | 925,000 | 1,413,000 | 1,918,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,321,000 | 14,586,000 | 14,190,000 | 14,301,000 |
| Total capital | 15,337,000 | 15,626,000 | 15,241,000 | 15,342,000 |
| Risk-weighted assets | 96,144,000 | 97,343,000 | 98,261,000 | 96,074,000 |