Call reports 2003
BANK OF WESTPORT — 2003
What BANK OF WESTPORT 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 | 63,975,000 | 65,570,000 | 67,200,000 | 71,856,000 |
| Total loans | 43,494,000 | 43,351,000 | 45,154,000 | 51,241,000 |
| Allowance for loan losses | 454,000 | 498,000 | 544,000 | 531,000 |
| Securities available for sale | 6,663,000 | 7,986,000 | 9,468,000 | 15,160,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,214,000 | 57,703,000 | 59,527,000 | 64,289,000 |
| Interest-bearing deposits | 42,136,000 | 40,004,000 | 41,575,000 | 48,171,000 |
| Noninterest-bearing deposits | 14,078,000 | 17,699,000 | 17,952,000 | 16,118,000 |
| Equity capital | 6,599,000 | 6,667,000 | 6,525,000 | 6,501,000 |
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 | 732,000 | 1,524,000 | 2,308,000 | 3,143,000 |
| Interest expense | 158,000 | 325,000 | 481,000 | 648,000 |
| Net interest income | 574,000 | 1,199,000 | 1,827,000 | 2,495,000 |
| Noninterest income | 39,000 | 89,000 | 129,000 | 177,000 |
| Noninterest expense | 496,000 | 1,061,000 | 1,732,000 | 2,426,000 |
| Provision for loan losses | 36,000 | 80,000 | 131,000 | 181,000 |
| Pretax income | 81,000 | 152,000 | 93,000 | 65,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 81,000 | 152,000 | 93,000 | 65,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,523,000 | 6,594,000 | 6,535,000 | 6,507,000 |
| Total capital | 6,977,000 | 7,092,000 | 7,079,000 | 7,038,000 |
| Risk-weighted assets | 43,008,000 | 42,155,000 | 43,755,000 | 47,999,000 |