Call reports 2003
FRANKLIN STATE BANK & TRUST COMPANY — 2003
What FRANKLIN STATE BANK & TRUST COMPANY 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 | 95,948,000 | 96,317,000 | 95,275,000 | 102,472,000 |
| Total loans | 58,911,000 | 61,631,000 | 58,720,000 | 53,390,000 |
| Allowance for loan losses | 1,233,000 | 1,094,000 | 766,000 | 820,000 |
| Securities available for sale | 22,244,000 | 18,981,000 | 21,925,000 | 26,899,000 |
| Securities held to maturity | 3,859,000 | 3,499,000 | 3,314,000 | 3,214,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,107,000 | 86,034,000 | 84,725,000 | 92,954,000 |
| Interest-bearing deposits | 70,896,000 | 69,346,000 | 67,776,000 | 70,897,000 |
| Noninterest-bearing deposits | 15,211,000 | 16,688,000 | 16,949,000 | 22,057,000 |
| Equity capital | 8,780,000 | 9,134,000 | 9,429,000 | 8,714,000 |
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 | 1,378,000 | 2,828,000 | 4,229,000 | 5,519,000 |
| Interest expense | 317,000 | 625,000 | 917,000 | 1,186,000 |
| Net interest income | 1,061,000 | 2,203,000 | 3,312,000 | 4,333,000 |
| Noninterest income | 256,000 | 499,000 | 724,000 | 938,000 |
| Noninterest expense | 866,000 | 1,755,000 | 2,627,000 | 3,553,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 212,000 |
| Pretax income | 451,000 | 947,000 | 1,309,000 | 1,506,000 |
| Income tax | 139,000 | 269,000 | 319,000 | 324,000 |
| Net income | 312,000 | 678,000 | 990,000 | 1,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,716,000 | 9,081,000 | 9,393,000 | 8,673,000 |
| Total capital | 9,387,000 | 9,754,000 | 10,044,000 | 9,327,000 |
| Risk-weighted assets | 53,536,000 | 53,389,000 | 51,940,000 | 52,217,000 |