Call reports 2003
SOLUTIONSBANK — 2003
What SOLUTIONSBANK 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 | 113,068,000 | 117,184,000 | 113,698,000 | 117,207,000 |
| Total loans | 72,547,000 | 72,721,000 | 72,198,000 | 78,134,000 |
| Allowance for loan losses | 693,000 | 782,000 | 886,000 | 975,000 |
| Securities available for sale | 23,548,000 | 27,910,000 | 25,858,000 | 20,137,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,343,000 | 96,660,000 | 92,468,000 | 94,587,000 |
| Interest-bearing deposits | 83,480,000 | 83,569,000 | 77,868,000 | 80,600,000 |
| Noninterest-bearing deposits | 12,863,000 | 13,091,000 | 14,600,000 | 13,987,000 |
| Equity capital | 10,775,000 | 10,583,000 | 10,321,000 | 11,813,000 |
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 | 1,374,000 | 2,694,000 | 4,106,000 | 5,522,000 |
| Interest expense | 481,000 | 904,000 | 1,296,000 | 1,659,000 |
| Net interest income | 893,000 | 1,790,000 | 2,810,000 | 3,863,000 |
| Noninterest income | 125,000 | 309,000 | 546,000 | 720,000 |
| Noninterest expense | 1,253,000 | 2,416,000 | 3,640,000 | 4,863,000 |
| Provision for loan losses | 96,000 | 193,000 | 290,000 | 386,000 |
| Pretax income | -331,000 | -409,000 | -473,000 | -565,000 |
| Income tax | -127,000 | -157,000 | -181,000 | -213,000 |
| Net income | -204,000 | -252,000 | -292,000 | -352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,116,000 | 7,060,000 | 7,050,000 | 8,521,000 |
| Total capital | 7,809,000 | 7,842,000 | 7,936,000 | 9,496,000 |
| Risk-weighted assets | 77,677,000 | 78,629,000 | 77,923,000 | 84,808,000 |