Call reports 2003
SHORE COMMUNITY BANK — 2003
What SHORE COMMUNITY 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 | 88,992,000 | 93,454,000 | 97,451,000 | 93,580,000 |
| Total loans | 51,382,000 | 54,660,000 | 58,211,000 | 62,057,000 |
| Allowance for loan losses | 555,000 | 618,000 | 672,000 | 676,000 |
| Securities available for sale | 22,900,000 | 26,165,000 | 26,983,000 | 24,943,000 |
| Securities held to maturity | 6,041,000 | 4,827,000 | 3,459,000 | 2,745,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,318,000 | 85,601,000 | 89,688,000 | 85,698,000 |
| Interest-bearing deposits | 64,336,000 | 65,541,000 | 67,531,000 | 67,938,000 |
| Noninterest-bearing deposits | 16,982,000 | 20,060,000 | 22,157,000 | 17,760,000 |
| Equity capital | 7,415,000 | 7,538,000 | 7,443,000 | 7,715,000 |
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 | 1,069,000 | 2,165,000 | 3,262,000 | 4,512,000 |
| Interest expense | 364,000 | 732,000 | 1,083,000 | 1,415,000 |
| Net interest income | 705,000 | 1,433,000 | 2,179,000 | 3,097,000 |
| Noninterest income | 109,000 | 246,000 | 358,000 | 441,000 |
| Noninterest expense | 658,000 | 1,304,000 | 1,970,000 | 2,663,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 131,000 | 345,000 | 477,000 | 725,000 |
| Income tax | 23,000 | 62,000 | 67,000 | 94,000 |
| Net income | 108,000 | 283,000 | 410,000 | 631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,353,000 | 7,528,000 | 7,655,000 | 7,876,000 |
| Total capital | 7,908,000 | 8,146,000 | 8,327,000 | 8,552,000 |
| Risk-weighted assets | 57,096,000 | 60,935,000 | 63,935,000 | 65,848,000 |