Call reports 2003
RIVERGREEN BANK — 2003
What RIVERGREEN 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 | 9,687,000 | 19,262,000 | 24,501,000 | 32,873,000 |
| Total loans | 301,000 | 11,966,000 | 18,276,000 | 26,638,000 |
| Allowance for loan losses | 0 | 108,000 | 178,000 | 257,000 |
| Securities available for sale | 0 | 730,000 | 1,692,000 | 1,639,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,516,000 | 11,739,000 | 17,269,000 | 25,368,000 |
| Interest-bearing deposits | 1,922,000 | 9,311,000 | 14,237,000 | 21,251,000 |
| Noninterest-bearing deposits | 594,000 | 2,428,000 | 3,032,000 | 4,117,000 |
| Equity capital | 7,093,000 | 7,308,000 | 7,130,000 | 6,978,000 |
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 | 18,000 | 135,000 | 369,000 | 696,000 |
| Interest expense | 1,000 | 30,000 | 82,000 | 160,000 |
| Net interest income | 17,000 | 105,000 | 287,000 | 536,000 |
| Noninterest income | 0 | 3,000 | 32,000 | 32,000 |
| Noninterest expense | 247,000 | 672,000 | 1,125,000 | 1,613,000 |
| Provision for loan losses | 0 | 108,000 | 178,000 | 257,000 |
| Pretax income | -230,000 | -672,000 | -984,000 | -1,302,000 |
| Income tax | -80,000 | -208,000 | -315,000 | -495,000 |
| Net income | -150,000 | -464,000 | -669,000 | -807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,970,000 | 7,046,000 | 6,760,000 | 6,442,000 |
| Total capital | 6,970,000 | 7,154,000 | 6,938,000 | 6,728,000 |
| Risk-weighted assets | 2,593,000 | 13,621,000 | 18,965,000 | 26,671,000 |