Call reports 2003
WEST IOWA BANK — 2003
What WEST IOWA 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 | 58,140,000 | 57,070,000 | 56,746,000 | 57,379,000 |
| Total loans | 32,277,000 | 32,390,000 | 33,778,000 | 33,137,000 |
| Allowance for loan losses | 558,000 | 562,000 | 586,000 | 584,000 |
| Securities available for sale | 12,484,000 | 13,236,000 | 11,960,000 | 15,178,000 |
| Securities held to maturity | 4,468,000 | 3,862,000 | 3,738,000 | 3,525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,423,000 | 45,908,000 | 45,321,000 | 46,401,000 |
| Interest-bearing deposits | 40,751,000 | 41,935,000 | 40,067,000 | 40,955,000 |
| Noninterest-bearing deposits | 4,672,000 | 3,973,000 | 5,254,000 | 5,446,000 |
| Equity capital | 6,194,000 | 6,261,000 | 6,206,000 | 6,293,000 |
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 | 840,000 | 1,659,000 | 2,469,000 | 3,263,000 |
| Interest expense | 315,000 | 615,000 | 895,000 | 1,160,000 |
| Net interest income | 525,000 | 1,044,000 | 1,574,000 | 2,103,000 |
| Noninterest income | 47,000 | 97,000 | 148,000 | 201,000 |
| Noninterest expense | 350,000 | 762,000 | 1,132,000 | 1,560,000 |
| Provision for loan losses | 15,000 | 33,000 | 50,000 | 65,000 |
| Pretax income | 207,000 | 346,000 | 540,000 | 679,000 |
| Income tax | 48,000 | 69,000 | 114,000 | 122,000 |
| Net income | 159,000 | 277,000 | 426,000 | 557,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,624,000 | 5,703,000 | 5,751,000 | 5,856,000 |
| Total capital | 6,147,000 | 6,224,000 | 6,286,000 | 6,405,000 |
| Risk-weighted assets | 41,804,000 | 41,615,000 | 42,749,000 | 43,863,000 |