Call reports 2003
RIGGS BANK NATIONAL ASSOCIATION — 2003
What RIGGS BANK NATIONAL ASSOCIATION 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 | 6,786,534,000 | 6,948,373,000 | 5,603,860,000 | 5,998,011,000 |
| Total loans | 3,071,725,000 | 2,995,413,000 | 2,945,677,000 | 3,225,154,000 |
| Allowance for loan losses | 25,797,000 | 26,385,000 | 26,697,000 | 28,285,000 |
| Securities available for sale | 2,337,213,000 | 2,075,009,000 | 1,665,684,000 | 1,709,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,873,862,000 | 5,019,750,000 | 3,664,314,000 | 3,862,938,000 |
| Interest-bearing deposits | 4,149,030,000 | 4,407,775,000 | 3,058,422,000 | 3,219,060,000 |
| Noninterest-bearing deposits | 724,832,000 | 611,975,000 | 605,892,000 | 643,878,000 |
| Equity capital | 455,216,000 | 462,341,000 | 439,410,000 | 427,194,000 |
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 | 63,689,000 | 124,498,000 | 176,993,000 | 232,473,000 |
| Interest expense | 14,445,000 | 28,438,000 | 39,773,000 | 50,700,000 |
| Net interest income | 49,244,000 | 96,060,000 | 137,220,000 | 181,773,000 |
| Noninterest income | 23,724,000 | 47,738,000 | 75,948,000 | 100,927,000 |
| Noninterest expense | 58,272,000 | 122,300,000 | 187,465,000 | 257,166,000 |
| Provision for loan losses | 926,000 | 1,741,000 | 2,321,000 | 5,146,000 |
| Pretax income | 18,397,000 | 30,891,000 | 35,939,000 | 33,720,000 |
| Income tax | 5,548,000 | 10,631,000 | 9,550,000 | 9,073,000 |
| Net income | 12,849,000 | 20,260,000 | 26,389,000 | 24,647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 439,851,000 | 448,159,000 | 433,794,000 | 427,833,000 |
| Total capital | 465,648,000 | 474,562,000 | 460,525,000 | 456,172,000 |
| Risk-weighted assets | 3,508,869,000 | 3,699,897,000 | 3,584,832,000 | 3,859,680,000 |