Call reports 2003
FAIRBANK STATE BANK — 2003
What FAIRBANK 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 | 24,318,000 | 23,852,000 | 23,864,000 | 25,034,000 |
| Total loans | 12,917,000 | 13,640,000 | 14,871,000 | 16,000,000 |
| Allowance for loan losses | 135,000 | 143,000 | 149,000 | 157,000 |
| Securities available for sale | 8,354,000 | 7,822,000 | 6,743,000 | 6,421,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,504,000 | 19,995,000 | 19,491,000 | 21,406,000 |
| Interest-bearing deposits | 18,383,000 | 17,888,000 | 17,485,000 | 18,380,000 |
| Noninterest-bearing deposits | 2,121,000 | 2,107,000 | 2,006,000 | 3,026,000 |
| Equity capital | 3,312,000 | 3,322,000 | 3,325,000 | 3,251,000 |
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 | 310,000 | 620,000 | 931,000 | 1,242,000 |
| Interest expense | 112,000 | 219,000 | 311,000 | 395,000 |
| Net interest income | 198,000 | 401,000 | 620,000 | 847,000 |
| Noninterest income | 30,000 | 53,000 | 83,000 | 115,000 |
| Noninterest expense | 185,000 | 352,000 | 531,000 | 703,000 |
| Provision for loan losses | 7,000 | 16,000 | 25,000 | 34,000 |
| Pretax income | 36,000 | 86,000 | 147,000 | 225,000 |
| Income tax | 8,000 | 22,000 | 40,000 | 71,000 |
| Net income | 28,000 | 64,000 | 107,000 | 154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,929,000 | 1,921,000 | 1,969,000 | 1,922,000 |
| Total capital | 2,064,000 | 2,064,000 | 2,118,000 | 2,079,000 |
| Risk-weighted assets | 17,020,000 | 17,246,000 | 17,920,000 | 17,760,000 |