Call reports 2003
INDUSTRIAL BANK — 2003
What INDUSTRIAL 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 | 301,060,000 | 302,850,000 | 311,485,000 | 302,549,000 |
| Total loans | 142,283,000 | 152,239,000 | 162,310,000 | 167,790,000 |
| Allowance for loan losses | 2,934,000 | 2,494,000 | 2,767,000 | 2,890,000 |
| Securities available for sale | 142,703,000 | 126,471,000 | 115,234,000 | 113,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,669,000 | 245,116,000 | 251,061,000 | 242,285,000 |
| Interest-bearing deposits | 173,596,000 | 177,749,000 | 180,775,000 | 175,681,000 |
| Noninterest-bearing deposits | 69,073,000 | 67,367,000 | 70,286,000 | 66,604,000 |
| Equity capital | 25,740,000 | 27,451,000 | 25,890,000 | 25,848,000 |
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 | 4,421,000 | 8,772,000 | 12,992,000 | 17,199,000 |
| Interest expense | 813,000 | 1,575,000 | 2,261,000 | 2,860,000 |
| Net interest income | 3,608,000 | 7,197,000 | 10,731,000 | 14,339,000 |
| Noninterest income | 1,050,000 | 2,170,000 | 3,289,000 | 4,359,000 |
| Noninterest expense | 4,204,000 | 8,141,000 | 12,206,000 | 16,679,000 |
| Provision for loan losses | 0 | 300,000 | 700,000 | 735,000 |
| Pretax income | 689,000 | 1,423,000 | 1,767,000 | 2,191,000 |
| Income tax | 105,000 | 221,000 | 224,000 | 148,000 |
| Net income | 584,000 | 1,202,000 | 1,543,000 | 2,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,299,000 | 22,941,000 | 22,997,000 | 23,212,000 |
| Total capital | 24,247,000 | 24,953,000 | 25,079,000 | 25,254,000 |
| Risk-weighted assets | 154,793,000 | 160,428,000 | 165,813,000 | 162,411,000 |