Call reports 2003
AMERICAN EXCHANGE BANK — 2003
What AMERICAN EXCHANGE 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 | 59,066,000 | 60,390,000 | 60,189,000 | 60,193,000 |
| Total loans | 33,212,000 | 33,090,000 | 33,065,000 | 33,327,000 |
| Allowance for loan losses | 380,000 | 400,000 | 405,000 | 456,000 |
| Securities available for sale | 15,549,000 | 16,271,000 | 16,185,000 | 17,419,000 |
| Securities held to maturity | 2,017,000 | 2,017,000 | 2,016,000 | 1,816,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,679,000 | 51,808,000 | 51,858,000 | 52,339,000 |
| Interest-bearing deposits | 43,285,000 | 44,254,000 | 44,356,000 | 45,168,000 |
| Noninterest-bearing deposits | 7,394,000 | 7,554,000 | 7,502,000 | 7,171,000 |
| Equity capital | 7,526,000 | 7,649,000 | 7,562,000 | 7,094,000 |
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 | 851,000 | 1,703,000 | 2,540,000 | 3,388,000 |
| Interest expense | 201,000 | 391,000 | 564,000 | 731,000 |
| Net interest income | 650,000 | 1,312,000 | 1,976,000 | 2,657,000 |
| Noninterest income | 139,000 | 322,000 | 448,000 | 591,000 |
| Noninterest expense | 515,000 | 1,050,000 | 1,602,000 | 2,302,000 |
| Provision for loan losses | 0 | 221,000 | 251,000 | 281,000 |
| Pretax income | 274,000 | 362,000 | 658,000 | 752,000 |
| Income tax | 24,000 | 41,000 | 57,000 | 73,000 |
| Net income | 250,000 | 321,000 | 601,000 | 679,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,066,000 | 7,054,000 | 7,334,000 | 6,830,000 |
| Total capital | 7,446,000 | 7,454,000 | 7,739,000 | 7,286,000 |
| Risk-weighted assets | 47,318,000 | 47,579,000 | 47,729,000 | 44,817,000 |