Call reports 2003
TARBORO SAVINGS BANK, SSB — 2003
What TARBORO SAVINGS BANK, SSB 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 | 35,822,000 | 36,024,000 | 34,068,000 | 33,087,000 |
| Total loans | 27,591,000 | 25,776,000 | 22,896,000 | 22,093,000 |
| Allowance for loan losses | 60,000 | 60,000 | 60,000 | 65,000 |
| Securities available for sale | 728,000 | 691,000 | 713,000 | 768,000 |
| Securities held to maturity | 1,940,000 | 1,902,000 | 1,886,000 | 1,872,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,680,000 | 30,872,000 | 28,832,000 | 27,815,000 |
| Interest-bearing deposits | 30,680,000 | 30,872,000 | 28,832,000 | 27,815,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 4,761,000 | 4,815,000 | 4,882,000 | 4,926,000 |
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 | 532,000 | 1,049,000 | 1,515,000 | 1,930,000 |
| Interest expense | 244,000 | 474,000 | 684,000 | 859,000 |
| Net interest income | 288,000 | 575,000 | 831,000 | 1,071,000 |
| Noninterest income | 6,000 | 12,000 | 17,000 | 25,000 |
| Noninterest expense | 179,000 | 352,000 | 530,000 | 762,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 115,000 | 235,000 | 318,000 | 329,000 |
| Income tax | 44,000 | 87,000 | 116,000 | 117,000 |
| Net income | 71,000 | 148,000 | 202,000 | 212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,318,000 | 4,395,000 | 4,520,000 | 4,530,000 |
| Total capital | 4,700,000 | 4,760,000 | 4,895,000 | 4,935,000 |
| Risk-weighted assets | 16,131,000 | 15,618,000 | 14,313,000 | 13,896,000 |