Call reports 2003
1ST STATE BANK — 2003
What 1ST 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 | 343,461,000 | 351,815,000 | 359,948,000 | 359,653,000 |
| Total loans | 231,904,000 | 237,023,000 | 230,226,000 | 231,579,000 |
| Allowance for loan losses | 3,850,000 | 3,902,000 | 3,856,000 | 3,868,000 |
| Securities available for sale | 59,923,000 | 59,731,000 | 90,714,000 | 85,862,000 |
| Securities held to maturity | 13,105,000 | 15,098,000 | 19,462,000 | 21,832,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,090,000 | 268,578,000 | 265,487,000 | 258,574,000 |
| Interest-bearing deposits | 244,728,000 | 245,257,000 | 249,133,000 | 241,289,000 |
| Noninterest-bearing deposits | 17,362,000 | 23,321,000 | 16,354,000 | 17,285,000 |
| Equity capital | 55,847,000 | 56,898,000 | 56,824,000 | 58,025,000 |
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 | 4,387,000 | 8,497,000 | 12,606,000 | 16,639,000 |
| Interest expense | 1,482,000 | 2,832,000 | 4,137,000 | 5,400,000 |
| Net interest income | 2,905,000 | 5,665,000 | 8,469,000 | 11,239,000 |
| Noninterest income | 897,000 | 1,742,000 | 2,707,000 | 3,156,000 |
| Noninterest expense | 2,132,000 | 4,210,000 | 6,489,000 | 8,524,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,610,000 | 3,180,000 | 4,613,000 | 5,834,000 |
| Income tax | 605,000 | 1,173,000 | 1,684,000 | 2,116,000 |
| Net income | 1,005,000 | 2,007,000 | 2,929,000 | 3,718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,422,000 | 55,517,000 | 55,407,000 | 56,563,000 |
| Total capital | 57,512,000 | 58,696,000 | 58,615,000 | 59,811,000 |
| Risk-weighted assets | 246,400,000 | 253,606,000 | 255,563,000 | 259,184,000 |