Call reports 2003
SECURITY BANK AND TRUST COMPANY — 2003
What SECURITY BANK AND 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 | 123,730,000 | 124,757,000 | 123,563,000 | 125,570,000 |
| Total loans | 81,787,000 | 87,656,000 | 87,054,000 | 88,239,000 |
| Allowance for loan losses | 749,000 | 661,000 | 625,000 | 727,000 |
| Securities available for sale | 15,585,000 | 18,065,000 | 16,575,000 | 17,936,000 |
| Securities held to maturity | 4,067,000 | 4,067,000 | 4,066,000 | 3,866,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,670,000 | 112,244,000 | 110,852,000 | 112,962,000 |
| Interest-bearing deposits | 101,394,000 | 101,804,000 | 99,563,000 | 101,807,000 |
| Noninterest-bearing deposits | 10,276,000 | 10,440,000 | 11,289,000 | 11,155,000 |
| Equity capital | 11,134,000 | 11,630,000 | 11,850,000 | 11,590,000 |
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 | 1,705,000 | 3,475,000 | 5,243,000 | 6,954,000 |
| Interest expense | 491,000 | 992,000 | 1,463,000 | 1,924,000 |
| Net interest income | 1,214,000 | 2,483,000 | 3,780,000 | 5,030,000 |
| Noninterest income | 290,000 | 629,000 | 905,000 | 1,189,000 |
| Noninterest expense | 709,000 | 1,443,000 | 2,168,000 | 3,235,000 |
| Provision for loan losses | 0 | 23,000 | 23,000 | 197,000 |
| Pretax income | 795,000 | 1,646,000 | 2,494,000 | 2,787,000 |
| Income tax | 270,000 | 566,000 | 860,000 | 960,000 |
| Net income | 525,000 | 1,080,000 | 1,634,000 | 1,827,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,250,000 | 10,677,000 | 11,107,000 | 10,932,000 |
| Total capital | 10,999,000 | 11,338,000 | 11,732,000 | 11,659,000 |
| Risk-weighted assets | 81,423,000 | 85,737,000 | 84,473,000 | 86,444,000 |