Call reports 2003
WELCH STATE BANK OF WELCH, OKLA. — 2003
What WELCH STATE BANK OF WELCH, OKLA. 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 | 105,385,000 | 110,710,000 | 114,796,000 | 117,691,000 |
| Total loans | 86,235,000 | 90,339,000 | 92,648,000 | 93,114,000 |
| Allowance for loan losses | 1,288,000 | 1,362,000 | 1,419,000 | 1,469,000 |
| Securities available for sale | 12,460,000 | 12,851,000 | 14,807,000 | 17,331,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,688,000 | 84,341,000 | 86,527,000 | 88,553,000 |
| Interest-bearing deposits | 76,188,000 | 79,824,000 | 81,492,000 | 84,521,000 |
| Noninterest-bearing deposits | 4,500,000 | 4,517,000 | 5,035,000 | 4,032,000 |
| Equity capital | 9,040,000 | 9,048,000 | 9,176,000 | 9,216,000 |
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 | 1,905,000 | 3,850,000 | 5,868,000 | 7,867,000 |
| Interest expense | 715,000 | 1,444,000 | 2,140,000 | 2,845,000 |
| Net interest income | 1,190,000 | 2,406,000 | 3,728,000 | 5,022,000 |
| Noninterest income | 169,000 | 323,000 | 486,000 | 640,000 |
| Noninterest expense | 774,000 | 1,577,000 | 2,410,000 | 3,264,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 579,000 |
| Pretax income | 525,000 | 1,032,000 | 1,637,000 | 1,832,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 525,000 | 1,032,000 | 1,637,000 | 1,832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,826,000 | 8,683,000 | 9,138,000 | 9,083,000 |
| Total capital | 9,902,000 | 9,809,000 | 10,296,000 | 10,255,000 |
| Risk-weighted assets | 85,924,000 | 89,862,000 | 92,342,000 | 93,470,000 |