Call reports 2003
FAIRFAX STATE SAVINGS BANK — 2003
What FAIRFAX STATE 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 | 84,025,000 | 87,386,000 | 91,270,000 | 92,421,000 |
| Total loans | 40,091,000 | 41,004,000 | 42,940,000 | 43,710,000 |
| Allowance for loan losses | 320,000 | 331,000 | 351,000 | 377,000 |
| Securities available for sale | 31,598,000 | 35,767,000 | 37,807,000 | 42,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,408,000 | 73,138,000 | 76,919,000 | 78,469,000 |
| Interest-bearing deposits | 62,838,000 | 64,982,000 | 68,185,000 | 69,526,000 |
| Noninterest-bearing deposits | 7,570,000 | 8,156,000 | 8,734,000 | 8,943,000 |
| Equity capital | 13,278,000 | 13,902,000 | 13,921,000 | 13,658,000 |
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 | 1,131,000 | 2,315,000 | 3,466,000 | 4,640,000 |
| Interest expense | 394,000 | 798,000 | 1,198,000 | 1,590,000 |
| Net interest income | 737,000 | 1,517,000 | 2,268,000 | 3,050,000 |
| Noninterest income | 63,000 | 125,000 | 194,000 | 260,000 |
| Noninterest expense | 404,000 | 820,000 | 1,271,000 | 1,901,000 |
| Provision for loan losses | 25,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 388,000 | 789,000 | 1,185,000 | 1,421,000 |
| Income tax | 21,000 | 42,000 | 66,000 | 86,000 |
| Net income | 367,000 | 747,000 | 1,119,000 | 1,335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,183,000 | 12,564,000 | 12,935,000 | 12,809,000 |
| Total capital | 12,503,000 | 12,895,000 | 13,286,000 | 13,186,000 |
| Risk-weighted assets | 64,634,000 | 58,437,000 | 56,978,000 | 60,106,000 |