Call reports 2003
BANKNORTH — 2003
What BANKNORTH 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 | 63,225,000 | 68,028,000 | 69,795,000 | 68,392,000 |
| Total loans | 50,422,000 | 56,162,000 | 57,585,000 | 55,954,000 |
| Allowance for loan losses | 606,000 | 623,000 | 653,000 | 684,000 |
| Securities available for sale | 4,958,000 | 4,341,000 | 3,720,000 | 5,158,000 |
| Securities held to maturity | 2,444,000 | 2,134,000 | 2,152,000 | 1,991,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,012,000 | 51,697,000 | 52,651,000 | 56,416,000 |
| Interest-bearing deposits | 46,658,000 | 46,564,000 | 45,934,000 | 48,854,000 |
| Noninterest-bearing deposits | 5,354,000 | 5,133,000 | 6,717,000 | 7,562,000 |
| Equity capital | 5,442,000 | 5,519,000 | 5,703,000 | 5,961,000 |
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 | 994,000 | 2,040,000 | 3,090,000 | 4,156,000 |
| Interest expense | 309,000 | 606,000 | 892,000 | 1,161,000 |
| Net interest income | 685,000 | 1,434,000 | 2,198,000 | 2,995,000 |
| Noninterest income | 29,000 | 54,000 | 99,000 | 145,000 |
| Noninterest expense | 440,000 | 922,000 | 1,397,000 | 1,922,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 244,000 | 498,000 | 802,000 | 1,090,000 |
| Income tax | 15,000 | 31,000 | 50,000 | 64,000 |
| Net income | 229,000 | 467,000 | 752,000 | 1,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,309,000 | 5,387,000 | 5,607,000 | 5,882,000 |
| Total capital | 5,915,000 | 6,010,000 | 6,260,000 | 6,566,000 |
| Risk-weighted assets | 51,620,000 | 55,173,000 | 55,993,000 | 55,647,000 |