Call reports 2003
PINELAND STATE BANK — 2003
What PINELAND 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 | 64,265,000 | 64,026,000 | 62,143,000 | 63,251,000 |
| Total loans | 43,488,000 | 47,815,000 | 45,703,000 | 43,666,000 |
| Allowance for loan losses | 937,000 | 910,000 | 897,000 | 899,000 |
| Securities available for sale | 8,795,000 | 6,957,000 | 6,805,000 | 6,119,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,112,000 | 56,626,000 | 54,945,000 | 54,136,000 |
| Interest-bearing deposits | 50,097,000 | 49,221,000 | 48,723,000 | 47,459,000 |
| Noninterest-bearing deposits | 7,015,000 | 7,405,000 | 6,222,000 | 6,677,000 |
| Equity capital | 6,639,000 | 6,785,000 | 6,710,000 | 6,696,000 |
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 | 981,000 | 1,949,000 | 2,863,000 | 3,711,000 |
| Interest expense | 298,000 | 568,000 | 819,000 | 1,041,000 |
| Net interest income | 683,000 | 1,381,000 | 2,044,000 | 2,670,000 |
| Noninterest income | 143,000 | 285,000 | 420,000 | 555,000 |
| Noninterest expense | 576,000 | 1,182,000 | 1,773,000 | 2,384,000 |
| Provision for loan losses | 42,000 | 42,000 | 278,000 | 341,000 |
| Pretax income | 207,000 | 441,000 | 427,000 | 514,000 |
| Income tax | 74,000 | 167,000 | 163,000 | 172,000 |
| Net income | 133,000 | 274,000 | 264,000 | 342,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,211,000 | 5,411,000 | 5,460,000 | 5,490,000 |
| Total capital | 5,812,000 | 6,053,000 | 6,079,000 | 6,086,000 |
| Risk-weighted assets | 47,751,000 | 51,104,000 | 49,259,000 | 47,384,000 |