Call reports 2003
FM BANK — 2003
What FM 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 | 54,209,000 | 50,198,000 | 56,082,000 | 70,126,000 |
| Total loans | 20,836,000 | 22,295,000 | 23,659,000 | 26,355,000 |
| Allowance for loan losses | 243,000 | 243,000 | 168,000 | 176,000 |
| Securities available for sale | 15,502,000 | 16,631,000 | 16,498,000 | 18,678,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,062,000 | 39,550,000 | 46,863,000 | 60,480,000 |
| Interest-bearing deposits | 37,237,000 | 31,116,000 | 33,025,000 | 47,077,000 |
| Noninterest-bearing deposits | 6,825,000 | 8,434,000 | 13,838,000 | 13,403,000 |
| Equity capital | 4,430,000 | 4,480,000 | 4,389,000 | 4,458,000 |
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 | 563,000 | 1,131,000 | 1,693,000 | 2,297,000 |
| Interest expense | 168,000 | 307,000 | 469,000 | 616,000 |
| Net interest income | 395,000 | 824,000 | 1,224,000 | 1,681,000 |
| Noninterest income | 41,000 | 79,000 | 124,000 | 171,000 |
| Noninterest expense | 268,000 | 585,000 | 831,000 | 1,177,000 |
| Provision for loan losses | 0 | 99,000 | 24,000 | 35,000 |
| Pretax income | 168,000 | 219,000 | 493,000 | 632,000 |
| Income tax | 1,000 | 2,000 | -8,000 | -8,000 |
| Net income | 167,000 | 217,000 | 501,000 | 640,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,757,000 | 3,798,000 | 3,831,000 | 3,971,000 |
| Total capital | 4,000,000 | 4,041,000 | 3,999,000 | 4,147,000 |
| Risk-weighted assets | 28,544,000 | 28,771,000 | 31,320,000 | 36,608,000 |