Call reports 2003
BATTLE CREEK STATE BANK — 2003
What BATTLE CREEK STATE 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 | 27,995,000 | 30,971,000 | 29,654,000 | 30,791,000 |
| Total loans | 14,979,000 | 14,529,000 | 15,115,000 | 15,873,000 |
| Allowance for loan losses | 174,000 | 174,000 | 174,000 | 183,000 |
| Securities available for sale | 4,375,000 | 9,314,000 | 7,255,000 | 5,134,000 |
| Securities held to maturity | 58,000 | 57,000 | 56,000 | 8,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,922,000 | 22,959,000 | 21,696,000 | 23,776,000 |
| Interest-bearing deposits | 17,437,000 | 19,893,000 | 18,935,000 | 20,852,000 |
| Noninterest-bearing deposits | 2,485,000 | 3,066,000 | 2,761,000 | 2,924,000 |
| Equity capital | 2,329,000 | 2,303,000 | 2,296,000 | 2,356,000 |
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 | 334,000 | 666,000 | 1,006,000 | 1,340,000 |
| Interest expense | 146,000 | 292,000 | 426,000 | 554,000 |
| Net interest income | 188,000 | 374,000 | 580,000 | 786,000 |
| Noninterest income | 21,000 | 43,000 | 64,000 | 85,000 |
| Noninterest expense | 155,000 | 319,000 | 471,000 | 639,000 |
| Provision for loan losses | 0 | 40,000 | 40,000 | 40,000 |
| Pretax income | 54,000 | 58,000 | 133,000 | 192,000 |
| Income tax | 14,000 | 14,000 | 24,000 | 40,000 |
| Net income | 40,000 | 44,000 | 109,000 | 152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,238,000 | 2,242,000 | 2,308,000 | 2,350,000 |
| Total capital | 2,412,000 | 2,416,000 | 2,482,000 | 2,533,000 |
| Risk-weighted assets | 17,601,000 | 18,279,000 | 18,373,000 | 19,283,000 |