Call reports 2003
MEREDITH VILLAGE SAVINGS BANK — 2003
What MEREDITH VILLAGE SAVINGS 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 | 375,085,000 | 411,804,000 | 409,789,000 | 418,674,000 |
| Total loans | 254,782,000 | 271,149,000 | 280,788,000 | 293,813,000 |
| Allowance for loan losses | 2,620,000 | 2,773,000 | 2,910,000 | 2,968,000 |
| Securities available for sale | 71,672,000 | 95,111,000 | 94,572,000 | 92,023,000 |
| Securities held to maturity | 1,020,000 | 1,020,000 | 995,000 | 995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,855,000 | 310,543,000 | 318,398,000 | 329,279,000 |
| Interest-bearing deposits | 272,275,000 | 286,226,000 | 291,354,000 | 306,678,000 |
| Noninterest-bearing deposits | 19,580,000 | 24,317,000 | 27,044,000 | 22,601,000 |
| Equity capital | 42,859,000 | 44,581,000 | 44,965,000 | 46,213,000 |
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 | 5,418,000 | 10,703,000 | 16,065,000 | 21,603,000 |
| Interest expense | 1,637,000 | 3,255,000 | 4,867,000 | 6,405,000 |
| Net interest income | 3,781,000 | 7,448,000 | 11,198,000 | 15,198,000 |
| Noninterest income | 630,000 | 1,369,000 | 2,459,000 | 3,106,000 |
| Noninterest expense | 2,842,000 | 5,713,000 | 8,823,000 | 11,935,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 2,570,000 | 4,102,000 | 5,772,000 | 7,247,000 |
| Income tax | 928,000 | 1,442,000 | 1,972,000 | 2,432,000 |
| Net income | 1,642,000 | 2,660,000 | 3,800,000 | 4,815,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,790,000 | 41,807,000 | 42,935,000 | 43,947,000 |
| Total capital | 43,689,000 | 44,977,000 | 46,474,000 | 47,663,000 |
| Risk-weighted assets | 229,384,000 | 250,641,000 | 253,669,000 | 268,453,000 |