Call reports 2003
BANKFIRST — 2003
What BANKFIRST 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 | 846,003,000 | 797,632,000 | 751,054,000 | 733,701,000 |
| Total loans | 764,424,000 | 693,393,000 | 635,549,000 | 446,465,000 |
| Allowance for loan losses | 166,041,000 | 151,823,000 | 140,984,000 | 183,000 |
| Securities available for sale | 144,203,000 | 157,288,000 | 170,243,000 | 189,424,000 |
| Securities held to maturity | 155,000 | 155,000 | 155,000 | 155,000 |
| Trading assets | 0 | 5,045,000 | 0 | 0 |
| Total deposits | 690,368,000 | 635,083,000 | 580,091,000 | 556,411,000 |
| Interest-bearing deposits | 680,728,000 | 623,918,000 | 567,735,000 | 526,002,000 |
| Noninterest-bearing deposits | 9,640,000 | 11,165,000 | 12,356,000 | 30,409,000 |
| Equity capital | 134,118,000 | 140,937,000 | 150,511,000 | 154,245,000 |
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 | 54,080,000 | 101,469,000 | 151,177,000 | 191,432,000 |
| Interest expense | 5,593,000 | 10,659,000 | 15,095,000 | 19,104,000 |
| Net interest income | 48,487,000 | 90,810,000 | 136,082,000 | 172,328,000 |
| Noninterest income | 17,630,000 | 32,682,000 | 47,046,000 | 59,209,000 |
| Noninterest expense | 23,067,000 | 45,723,000 | 64,324,000 | 83,742,000 |
| Provision for loan losses | 33,713,000 | 56,863,000 | 81,663,000 | 105,113,000 |
| Pretax income | 9,336,000 | 22,189,000 | 38,416,000 | 43,692,000 |
| Income tax | 3,830,000 | 9,138,000 | 15,268,000 | 17,330,000 |
| Net income | 5,506,000 | 13,051,000 | 23,148,000 | 26,362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 134,529,000 | 142,075,000 | 152,172,000 | 155,385,000 |
| Total capital | 145,405,000 | 151,707,000 | 160,971,000 | 155,568,000 |
| Risk-weighted assets | 714,912,000 | 628,367,000 | 571,703,000 | 532,964,000 |