Call reports 2003
HAGERSTOWN TRUST COMPANY — 2003
What HAGERSTOWN 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 | 453,350,000 | 451,653,000 | 467,114,000 | 468,160,000 |
| Total loans | 280,596,000 | 274,513,000 | 274,058,000 | 275,306,000 |
| Allowance for loan losses | 5,418,000 | 5,338,000 | 5,301,000 | 5,430,000 |
| Securities available for sale | 137,346,000 | 142,884,000 | 155,676,000 | 166,600,000 |
| Securities held to maturity | 697,000 | 496,000 | 496,000 | 449,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,179,000 | 367,566,000 | 370,227,000 | 375,181,000 |
| Interest-bearing deposits | 307,732,000 | 312,747,000 | 313,612,000 | 315,659,000 |
| Noninterest-bearing deposits | 61,447,000 | 54,819,000 | 56,615,000 | 59,522,000 |
| Equity capital | 39,381,000 | 38,937,000 | 37,198,000 | 29,398,000 |
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 | 6,066,000 | 11,689,000 | 16,996,000 | 22,654,000 |
| Interest expense | 1,499,000 | 2,931,000 | 4,304,000 | 5,638,000 |
| Net interest income | 4,567,000 | 8,758,000 | 12,692,000 | 17,016,000 |
| Noninterest income | 1,659,000 | 3,378,000 | 5,023,000 | 6,645,000 |
| Noninterest expense | 3,583,000 | 7,326,000 | 10,916,000 | 14,558,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,669,000 | 4,836,000 | 6,940,000 | 9,244,000 |
| Income tax | 892,000 | 1,609,000 | 2,289,000 | 3,033,000 |
| Net income | 1,777,000 | 3,227,000 | 4,651,000 | 6,211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,798,000 | 37,620,000 | 37,417,000 | 29,253,000 |
| Total capital | 41,448,000 | 41,246,000 | 41,110,000 | 32,917,000 |
| Risk-weighted assets | 290,198,000 | 288,371,000 | 293,797,000 | 291,216,000 |