Call reports 2003
SCHWERTNER STATE BANK — 2003
What SCHWERTNER 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 | 18,236,000 | 19,927,000 | 20,002,000 | 20,451,000 |
| Total loans | 7,872,000 | 6,975,000 | 6,661,000 | 7,130,000 |
| Allowance for loan losses | 117,000 | 238,000 | 231,000 | 131,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 100,000 | 100,000 | 300,000 | 300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,386,000 | 17,080,000 | 17,195,000 | 17,559,000 |
| Interest-bearing deposits | 12,080,000 | 12,849,000 | 12,956,000 | 13,560,000 |
| Noninterest-bearing deposits | 3,306,000 | 4,231,000 | 4,239,000 | 3,998,000 |
| Equity capital | 2,736,000 | 2,724,000 | 2,723,000 | 2,794,000 |
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 | 193,000 | 379,000 | 550,000 | 715,000 |
| Interest expense | 65,000 | 120,000 | 168,000 | 210,000 |
| Net interest income | 128,000 | 259,000 | 382,000 | 505,000 |
| Noninterest income | 25,000 | 49,000 | 73,000 | 120,000 |
| Noninterest expense | 118,000 | 279,000 | 421,000 | 604,000 |
| Provision for loan losses | 3,000 | 6,000 | 7,000 | -93,000 |
| Pretax income | 32,000 | 23,000 | 27,000 | 114,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 26,000 |
| Net income | 29,000 | 17,000 | 18,000 | 88,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,736,000 | 2,724,000 | 2,723,000 | 2,794,000 |
| Total capital | 2,853,000 | 2,962,000 | 2,954,000 | 2,921,000 |
| Risk-weighted assets | 18,116,000 | 19,941,000 | 19,936,000 | 10,170,000 |