Call reports 2003
PREMIER SERVICE BANK — 2003
What PREMIER SERVICE 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 | 47,790,000 | 53,249,000 | 62,330,000 | 67,904,000 |
| Total loans | 22,142,000 | 26,848,000 | 26,922,000 | 30,855,000 |
| Allowance for loan losses | 217,000 | 237,000 | 211,000 | 236,000 |
| Securities available for sale | 0 | 0 | 513,000 | 3,833,000 |
| Securities held to maturity | 8,457,000 | 9,739,000 | 11,534,000 | 12,290,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,287,000 | 46,834,000 | 56,028,000 | 61,404,000 |
| Interest-bearing deposits | 23,670,000 | 26,664,000 | 29,851,000 | 35,235,000 |
| Noninterest-bearing deposits | 17,617,000 | 20,170,000 | 26,177,000 | 26,169,000 |
| Equity capital | 6,397,000 | 6,316,000 | 6,196,000 | 6,363,000 |
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 | 492,000 | 1,079,000 | 1,714,000 | 2,428,000 |
| Interest expense | 49,000 | 104,000 | 153,000 | 211,000 |
| Net interest income | 443,000 | 975,000 | 1,561,000 | 2,217,000 |
| Noninterest income | 45,000 | 117,000 | 185,000 | 263,000 |
| Noninterest expense | 625,000 | 1,290,000 | 2,067,000 | 2,850,000 |
| Provision for loan losses | 0 | 20,000 | 30,000 | 55,000 |
| Pretax income | -137,000 | -218,000 | -351,000 | -425,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -138,000 | -219,000 | -352,000 | -426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,397,000 | 6,316,000 | 6,193,000 | 6,358,000 |
| Total capital | 6,647,000 | 6,583,000 | 6,429,000 | 6,624,000 |
| Risk-weighted assets | 27,987,000 | 32,963,000 | 35,211,000 | 39,664,000 |