Call reports 2003
FARMERS BANK OF LYNCHBURG, THE — 2003
What FARMERS BANK OF LYNCHBURG, THE 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 | 62,173,000 | 60,540,000 | 58,098,000 | 59,454,000 |
| Total loans | 31,681,000 | 33,559,000 | 33,530,000 | 35,224,000 |
| Allowance for loan losses | 759,000 | 727,000 | 692,000 | 962,000 |
| Securities available for sale | 22,769,000 | 19,726,000 | 17,982,000 | 17,937,000 |
| Securities held to maturity | 207,000 | 172,000 | 140,000 | 133,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,848,000 | 52,411,000 | 50,076,000 | 52,049,000 |
| Interest-bearing deposits | 46,362,000 | 45,084,000 | 43,023,000 | 43,803,000 |
| Noninterest-bearing deposits | 7,486,000 | 7,327,000 | 7,053,000 | 8,246,000 |
| Equity capital | 8,100,000 | 7,928,000 | 7,789,000 | 7,260,000 |
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 | 855,000 | 1,621,000 | 2,366,000 | 3,107,000 |
| Interest expense | 299,000 | 577,000 | 817,000 | 1,031,000 |
| Net interest income | 556,000 | 1,044,000 | 1,549,000 | 2,076,000 |
| Noninterest income | 23,000 | 68,000 | 127,000 | 173,000 |
| Noninterest expense | 451,000 | 945,000 | 1,440,000 | 2,003,000 |
| Provision for loan losses | 69,000 | 180,000 | 180,000 | 780,000 |
| Pretax income | 59,000 | -13,000 | 56,000 | -534,000 |
| Income tax | 13,000 | -8,000 | 18,000 | -169,000 |
| Net income | 46,000 | -5,000 | 38,000 | -365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,998,000 | 7,848,000 | 7,787,000 | 7,288,000 |
| Total capital | 8,367,000 | 8,241,000 | 8,177,000 | 7,709,000 |
| Risk-weighted assets | 29,159,000 | 31,072,000 | 30,925,000 | 33,357,000 |