Call reports 2003
ADVANTAGE BANK — 2003
What ADVANTAGE 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 | 34,042,000 | 37,960,000 | 39,914,000 | 40,956,000 |
| Total loans | 23,906,000 | 24,906,000 | 24,828,000 | 25,966,000 |
| Allowance for loan losses | 503,000 | 480,000 | 415,000 | 556,000 |
| Securities available for sale | 5,014,000 | 6,917,000 | 10,340,000 | 10,449,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,941,000 | 34,059,000 | 35,996,000 | 37,215,000 |
| Interest-bearing deposits | 20,015,000 | 24,735,000 | 26,770,000 | 27,407,000 |
| Noninterest-bearing deposits | 9,926,000 | 9,324,000 | 9,227,000 | 9,808,000 |
| Equity capital | 4,048,000 | 3,835,000 | 3,749,000 | 3,705,000 |
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 | 630,000 | 1,262,000 | 1,912,000 | 2,559,000 |
| Interest expense | 86,000 | 181,000 | 298,000 | 409,000 |
| Net interest income | 544,000 | 1,081,000 | 1,614,000 | 2,150,000 |
| Noninterest income | 257,000 | 518,000 | 779,000 | 1,054,000 |
| Noninterest expense | 646,000 | 1,352,000 | 1,975,000 | 2,582,000 |
| Provision for loan losses | 18,000 | 76,000 | 191,000 | 478,000 |
| Pretax income | 178,000 | 217,000 | 276,000 | 188,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 178,000 | 217,000 | 276,000 | 188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,845,000 | 3,572,000 | 3,632,000 | 3,544,000 |
| Total capital | 4,157,000 | 3,926,000 | 3,983,000 | 3,907,000 |
| Risk-weighted assets | 24,774,000 | 28,169,000 | 28,040,000 | 28,858,000 |