Call reports 2003
ARBOR BANK — 2003
What ARBOR 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 | 63,830,000 | 66,695,000 | 66,927,000 | 68,895,000 |
| Total loans | 36,321,000 | 36,500,000 | 36,440,000 | 37,655,000 |
| Allowance for loan losses | 756,000 | 753,000 | 758,000 | 716,000 |
| Securities available for sale | 24,625,000 | 27,337,000 | 27,680,000 | 28,206,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,737,000 | 47,481,000 | 51,167,000 | 50,771,000 |
| Interest-bearing deposits | 40,620,000 | 40,743,000 | 44,344,000 | 44,089,000 |
| Noninterest-bearing deposits | 6,117,000 | 6,738,000 | 6,823,000 | 6,682,000 |
| Equity capital | 7,255,000 | 7,511,000 | 7,624,000 | 7,781,000 |
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 | 898,000 | 1,805,000 | 2,726,000 | 3,625,000 |
| Interest expense | 276,000 | 537,000 | 786,000 | 1,022,000 |
| Net interest income | 622,000 | 1,268,000 | 1,940,000 | 2,603,000 |
| Noninterest income | 92,000 | 186,000 | 293,000 | 400,000 |
| Noninterest expense | 490,000 | 965,000 | 1,453,000 | 1,967,000 |
| Provision for loan losses | 5,000 | 26,000 | 33,000 | 33,000 |
| Pretax income | 219,000 | 463,000 | 747,000 | 1,001,000 |
| Income tax | 53,000 | 110,000 | 182,000 | 233,000 |
| Net income | 166,000 | 353,000 | 565,000 | 768,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,964,000 | 7,151,000 | 7,362,000 | 7,567,000 |
| Total capital | 7,487,000 | 7,674,000 | 7,884,000 | 8,109,000 |
| Risk-weighted assets | 41,685,000 | 41,605,000 | 41,531,000 | 43,221,000 |