Call reports 2003
FIRST GASTON BANK OF NORTH CAROLINA — 2003
What FIRST GASTON BANK OF NORTH CAROLINA 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 | 179,385,000 | 191,306,000 | 192,210,000 | 197,550,000 |
| Total loans | 134,204,000 | 150,639,000 | 143,048,000 | 147,626,000 |
| Allowance for loan losses | 1,951,000 | 2,093,000 | 2,151,000 | 2,059,000 |
| Securities available for sale | 28,637,000 | 27,160,000 | 28,999,000 | 32,269,000 |
| Securities held to maturity | 0 | 0 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,812,000 | 157,733,000 | 158,256,000 | 158,381,000 |
| Interest-bearing deposits | 128,698,000 | 135,968,000 | 138,113,000 | 139,439,000 |
| Noninterest-bearing deposits | 21,114,000 | 21,765,000 | 20,143,000 | 18,942,000 |
| Equity capital | 14,035,000 | 15,384,000 | 15,536,000 | 16,044,000 |
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 | 2,161,000 | 4,450,000 | 6,816,000 | 9,173,000 |
| Interest expense | 871,000 | 1,757,000 | 2,633,000 | 3,440,000 |
| Net interest income | 1,290,000 | 2,693,000 | 4,183,000 | 5,733,000 |
| Noninterest income | 686,000 | 1,549,000 | 2,217,000 | 2,855,000 |
| Noninterest expense | 1,501,000 | 3,081,000 | 4,624,000 | 6,028,000 |
| Provision for loan losses | 87,000 | 240,000 | 302,000 | 360,000 |
| Pretax income | 392,000 | 925,000 | 1,480,000 | 2,200,000 |
| Income tax | 137,000 | 329,000 | 529,000 | 787,000 |
| Net income | 255,000 | 596,000 | 951,000 | 1,413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,002,000 | 14,330,000 | 14,708,000 | 15,175,000 |
| Total capital | 14,755,000 | 16,257,000 | 16,608,000 | 17,133,000 |
| Risk-weighted assets | 140,065,000 | 154,064,000 | 151,828,000 | 156,769,000 |