Call reports 2003
PRIME BANK — 2003
What PRIME 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 | 40,480,000 | 39,766,000 | 38,623,000 | 39,959,000 |
| Total loans | 19,562,000 | 20,509,000 | 19,750,000 | 19,339,000 |
| Allowance for loan losses | 566,000 | 543,000 | 551,000 | 229,000 |
| Securities available for sale | 16,728,000 | 14,575,000 | 15,707,000 | 16,265,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,743,000 | 32,877,000 | 31,910,000 | 33,408,000 |
| Interest-bearing deposits | 28,830,000 | 27,282,000 | 26,599,000 | 28,051,000 |
| Noninterest-bearing deposits | 4,913,000 | 5,595,000 | 5,311,000 | 5,357,000 |
| Equity capital | 6,407,000 | 6,555,000 | 6,479,000 | 6,394,000 |
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 | 566,000 | 1,115,000 | 1,625,000 | 2,143,000 |
| Interest expense | 160,000 | 312,000 | 450,000 | 579,000 |
| Net interest income | 406,000 | 803,000 | 1,175,000 | 1,564,000 |
| Noninterest income | 42,000 | 82,000 | 123,000 | 166,000 |
| Noninterest expense | 249,000 | 541,000 | 815,000 | 1,031,000 |
| Provision for loan losses | 0 | 0 | 0 | 120,000 |
| Pretax income | 199,000 | 344,000 | 483,000 | 579,000 |
| Income tax | 76,000 | 131,000 | 187,000 | 225,000 |
| Net income | 123,000 | 213,000 | 296,000 | 354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,225,000 | 6,315,000 | 6,400,000 | 6,322,000 |
| Total capital | 6,532,000 | 6,653,000 | 6,704,000 | 6,553,000 |
| Risk-weighted assets | 24,262,000 | 24,653,000 | 24,067,000 | 23,939,000 |