Call reports 2003
FIRST NATIONAL BANK OF PINE CITY, THE — 2003
What FIRST NATIONAL BANK OF PINE CITY, THE 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 | 52,680,000 | 55,541,000 | 54,319,000 | 56,057,000 |
| Total loans | 26,414,000 | 26,808,000 | 28,923,000 | 29,125,000 |
| Allowance for loan losses | 467,000 | 463,000 | 467,000 | 417,000 |
| Securities available for sale | 18,133,000 | 17,974,000 | 18,502,000 | 16,753,000 |
| Securities held to maturity | 60,000 | 60,000 | 60,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,100,000 | 47,716,000 | 46,957,000 | 48,956,000 |
| Interest-bearing deposits | 38,879,000 | 41,684,000 | 40,929,000 | 42,871,000 |
| Noninterest-bearing deposits | 6,221,000 | 6,032,000 | 6,028,000 | 6,085,000 |
| Equity capital | 5,175,000 | 5,434,000 | 5,398,000 | 5,637,000 |
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 | 761,000 | 1,486,000 | 2,212,000 | 2,952,000 |
| Interest expense | 268,000 | 519,000 | 756,000 | 979,000 |
| Net interest income | 493,000 | 967,000 | 1,456,000 | 1,973,000 |
| Noninterest income | 64,000 | 126,000 | 185,000 | 250,000 |
| Noninterest expense | 333,000 | 649,000 | 976,000 | 1,335,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 236,000 | 456,000 | 689,000 | 912,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 235,000 | 455,000 | 688,000 | 911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,872,000 | 5,090,000 | 5,325,000 | 5,547,000 |
| Total capital | 5,190,000 | 5,419,000 | 5,670,000 | 5,894,000 |
| Risk-weighted assets | 25,298,000 | 26,170,000 | 27,453,000 | 27,694,000 |