Call reports 2003
FIRST PIEDMONT BANK — 2003
What FIRST PIEDMONT 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 | 68,032,000 | 67,030,000 | 66,759,000 | 70,460,000 |
| Total loans | 53,989,000 | 52,530,000 | 52,705,000 | 56,190,000 |
| Allowance for loan losses | 758,000 | 784,000 | 799,000 | 782,000 |
| Securities available for sale | 10,372,000 | 10,518,000 | 10,346,000 | 9,542,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,149,000 | 57,037,000 | 56,711,000 | 59,626,000 |
| Interest-bearing deposits | 51,725,000 | 51,697,000 | 50,864,000 | 54,466,000 |
| Noninterest-bearing deposits | 5,424,000 | 5,340,000 | 5,847,000 | 5,160,000 |
| Equity capital | 8,591,000 | 8,777,000 | 8,798,000 | 8,984,000 |
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 | 1,035,000 | 2,011,000 | 2,983,000 | 3,950,000 |
| Interest expense | 360,000 | 696,000 | 989,000 | 1,257,000 |
| Net interest income | 675,000 | 1,315,000 | 1,994,000 | 2,693,000 |
| Noninterest income | 78,000 | 165,000 | 251,000 | 302,000 |
| Noninterest expense | 461,000 | 917,000 | 1,373,000 | 1,838,000 |
| Provision for loan losses | 16,000 | 43,000 | 53,000 | 53,000 |
| Pretax income | 276,000 | 520,000 | 819,000 | 1,104,000 |
| Income tax | 93,000 | 173,000 | 275,000 | 361,000 |
| Net income | 183,000 | 347,000 | 544,000 | 743,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,433,000 | 8,596,000 | 8,691,000 | 8,891,000 |
| Total capital | 9,122,000 | 9,267,000 | 9,365,000 | 9,610,000 |
| Risk-weighted assets | 55,091,000 | 53,529,000 | 53,816,000 | 57,418,000 |