Call reports 2003
FIRSTBANK OF AVON — 2003
What FIRSTBANK OF AVON 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 | 267,792,000 | 259,207,000 | 275,536,000 | 275,837,000 |
| Total loans | 124,400,000 | 126,015,000 | 127,687,000 | 132,815,000 |
| Allowance for loan losses | 1,552,000 | 1,455,000 | 1,489,000 | 1,519,000 |
| Securities available for sale | 87,444,000 | 81,678,000 | 85,594,000 | 91,124,000 |
| Securities held to maturity | 29,090,000 | 30,030,000 | 31,022,000 | 31,680,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,545,000 | 236,007,000 | 252,664,000 | 251,438,000 |
| Interest-bearing deposits | 174,589,000 | 166,399,000 | 175,059,000 | 178,263,000 |
| Noninterest-bearing deposits | 70,956,000 | 69,608,000 | 77,605,000 | 73,175,000 |
| Equity capital | 19,657,000 | 20,009,000 | 19,848,000 | 20,274,000 |
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 | 3,646,000 | 7,227,000 | 10,568,000 | 13,895,000 |
| Interest expense | 720,000 | 1,397,000 | 2,062,000 | 2,715,000 |
| Net interest income | 2,926,000 | 5,830,000 | 8,506,000 | 11,180,000 |
| Noninterest income | 729,000 | 1,470,000 | 2,167,000 | 2,876,000 |
| Noninterest expense | 1,655,000 | 3,241,000 | 4,808,000 | 6,402,000 |
| Provision for loan losses | -94,000 | -149,000 | -73,000 | -29,000 |
| Pretax income | 2,094,000 | 4,208,000 | 5,938,000 | 7,683,000 |
| Income tax | 603,000 | 1,212,000 | 1,671,000 | 2,136,000 |
| Net income | 1,491,000 | 2,996,000 | 4,267,000 | 5,547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,373,000 | 18,677,000 | 18,549,000 | 18,829,000 |
| Total capital | 19,925,000 | 20,132,000 | 20,038,000 | 20,348,000 |
| Risk-weighted assets | 132,806,000 | 130,570,000 | 134,009,000 | 134,394,000 |