Call reports 2003

BANK OF THE FEDERATED STATES OF MICRONESIA — 2003

Name: BANK OF THE FEDERATED STATES OF MICRONESIA — FFIEC call report 2003
Creator: BANK OF THE FEDERATED STATES OF MICRONESIA

What BANK OF THE FEDERATED STATES OF MICRONESIA reported to the FFIEC in 2003, quarter by quarter.

PERIOD: 2003SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/dd92c08a-4b39-4a46-bd32-dab8ac357fa2/2003

Balance sheet

What the bank holds and owes at quarter end

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Total assets	92,326,000	88,942,000	86,117,000	83,325,000
Total loans	20,096,000	16,945,000	15,476,000	14,987,000
Allowance for loan losses	1,234,000	1,293,000	1,322,000	1,330,000
Securities available for sale	50,295,000	54,340,000	55,113,000	55,523,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	79,674,000	75,726,000	73,519,000	70,697,000
Interest-bearing deposits	63,667,000	58,851,000	56,963,000	53,768,000
Noninterest-bearing deposits	16,007,000	16,875,000	16,556,000	16,929,000
Equity capital	12,095,000	12,679,000	12,107,000	12,213,000

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	878,000	1,703,000	2,470,000	3,210,000
Interest expense	221,000	422,000	590,000	737,000
Net interest income	657,000	1,281,000	1,880,000	2,473,000
Noninterest income	154,000	241,000	426,000	630,000
Noninterest expense	672,000	1,356,000	2,048,000	2,713,000
Provision for loan losses	111,000	148,000	148,000	148,000
Pretax income	56,000	46,000	138,000	270,000
Income tax	0	0	0	0
Net income	56,000	46,000	138,000	270,000

Basel measures — not reported for every quarter

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Tier 1 capital	11,725,000	11,717,000	11,809,000	11,941,000
Total capital	12,192,000	12,140,000	12,198,000	12,319,000
Risk-weighted assets	36,624,000	32,941,000	30,168,000	29,285,000