Call reports 2003
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2003
What BEACON BUSINESS 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 | 132,721,000 | 145,436,000 | 140,625,000 | 139,643,000 |
| Total loans | 91,550,000 | 95,285,000 | 95,286,000 | 99,570,000 |
| Allowance for loan losses | 1,012,000 | 938,000 | 1,032,000 | 1,107,000 |
| Securities available for sale | 31,579,000 | 28,862,000 | 29,254,000 | 31,256,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,369,000 | 120,625,000 | 116,164,000 | 108,953,000 |
| Interest-bearing deposits | 81,734,000 | 100,598,000 | 95,376,000 | 90,401,000 |
| Noninterest-bearing deposits | 16,635,000 | 20,027,000 | 20,788,000 | 18,552,000 |
| Equity capital | 12,669,000 | 13,070,000 | 13,100,000 | 14,745,000 |
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 | 1,695,000 | 3,335,000 | 5,028,000 | 6,692,000 |
| Interest expense | 471,000 | 930,000 | 1,348,000 | 1,728,000 |
| Net interest income | 1,224,000 | 2,405,000 | 3,680,000 | 4,964,000 |
| Noninterest income | 139,000 | 314,000 | 496,000 | 702,000 |
| Noninterest expense | 924,000 | 1,841,000 | 2,797,000 | 3,712,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 364,000 | 743,000 | 1,169,000 | 1,669,000 |
| Income tax | 5,000 | 8,000 | 12,000 | 15,000 |
| Net income | 359,000 | 735,000 | 1,157,000 | 1,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,597,000 | 9,573,000 | 10,095,000 | 11,592,000 |
| Total capital | 10,609,000 | 10,511,000 | 11,127,000 | 12,699,000 |
| Risk-weighted assets | 100,686,000 | 109,121,000 | 108,477,000 | 110,349,000 |