Call reports 2003
UNIVERSITY BANK — 2003
What UNIVERSITY 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 | 44,684,000 | 42,920,000 | 44,863,000 | 43,504,000 |
| Total loans | 34,312,000 | 34,061,000 | 34,183,000 | 35,135,000 |
| Allowance for loan losses | 399,000 | 460,000 | 403,000 | 454,000 |
| Securities available for sale | 2,650,000 | 2,290,000 | 1,929,000 | 1,637,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,420,000 | 37,227,000 | 39,958,000 | 38,806,000 |
| Interest-bearing deposits | 39,043,000 | 35,458,000 | 38,244,000 | 37,353,000 |
| Noninterest-bearing deposits | 1,377,000 | 1,769,000 | 1,714,000 | 1,453,000 |
| Equity capital | 3,431,000 | 3,519,000 | 3,679,000 | 3,558,000 |
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 | 697,000 | 1,378,000 | 2,049,000 | 2,735,000 |
| Interest expense | 224,000 | 440,000 | 632,000 | 829,000 |
| Net interest income | 473,000 | 938,000 | 1,417,000 | 1,906,000 |
| Noninterest income | 1,208,000 | 2,490,000 | 4,005,000 | 5,083,000 |
| Noninterest expense | 1,472,000 | 3,135,000 | 5,025,000 | 6,675,000 |
| Provision for loan losses | 106,000 | 144,000 | 167,000 | 189,000 |
| Pretax income | 103,000 | 149,000 | 230,000 | 125,000 |
| Income tax | 0 | 0 | -80,000 | -80,000 |
| Net income | 103,000 | 149,000 | 310,000 | 205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,671,000 | 3,756,000 | 3,853,000 | 3,755,000 |
| Total capital | 4,071,000 | 4,170,000 | 4,256,000 | 4,176,000 |
| Risk-weighted assets | 34,190,000 | 33,058,000 | 34,155,000 | 33,618,000 |