Call reports 2003
IOWA STATE BANK AND TRUST COMPANY — 2003
What IOWA STATE BANK AND TRUST COMPANY 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 | 86,981,000 | 85,235,000 | 89,238,000 | 93,705,000 |
| Total loans | 48,832,000 | 48,956,000 | 51,814,000 | 51,949,000 |
| Allowance for loan losses | 758,000 | 751,000 | 732,000 | 555,000 |
| Securities available for sale | 16,125,000 | 13,763,000 | 13,878,000 | 11,672,000 |
| Securities held to maturity | 0 | 0 | 455,000 | 455,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,619,000 | 59,251,000 | 56,948,000 | 64,010,000 |
| Interest-bearing deposits | 39,042,000 | 42,247,000 | 38,925,000 | 39,152,000 |
| Noninterest-bearing deposits | 18,577,000 | 17,004,000 | 18,023,000 | 24,858,000 |
| Equity capital | 8,185,000 | 8,263,000 | 8,099,000 | 8,032,000 |
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 | 1,246,000 | 2,430,000 | 3,612,000 | 4,792,000 |
| Interest expense | 425,000 | 838,000 | 1,209,000 | 1,572,000 |
| Net interest income | 821,000 | 1,592,000 | 2,403,000 | 3,220,000 |
| Noninterest income | 294,000 | 574,000 | 768,000 | 1,074,000 |
| Noninterest expense | 761,000 | 1,550,000 | 2,274,000 | 3,042,000 |
| Provision for loan losses | 8,000 | 23,000 | 23,000 | 139,000 |
| Pretax income | 346,000 | 594,000 | 875,000 | 1,339,000 |
| Income tax | 91,000 | 149,000 | 218,000 | 361,000 |
| Net income | 255,000 | 445,000 | 657,000 | 978,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,618,000 | 7,642,000 | 7,530,000 | 7,532,000 |
| Total capital | 8,277,000 | 8,303,000 | 8,232,000 | 8,087,000 |
| Risk-weighted assets | 52,629,000 | 52,774,000 | 56,170,000 | 56,030,000 |