Call reports 2003
FLAGSHIP BANK WINSTED — 2003
What FLAGSHIP BANK WINSTED 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 | 41,789,000 | 41,731,000 | 41,732,000 | 40,841,000 |
| Total loans | 24,157,000 | 24,634,000 | 25,322,000 | 22,675,000 |
| Allowance for loan losses | 377,000 | 383,000 | 400,000 | 361,000 |
| Securities available for sale | 10,552,000 | 7,981,000 | 8,388,000 | 10,490,000 |
| Securities held to maturity | 50,000 | 50,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,526,000 | 34,636,000 | 34,592,000 | 34,290,000 |
| Interest-bearing deposits | 26,162,000 | 27,713,000 | 26,497,000 | 27,039,000 |
| Noninterest-bearing deposits | 7,364,000 | 6,923,000 | 8,095,000 | 7,251,000 |
| Equity capital | 4,578,000 | 4,497,000 | 4,467,000 | 4,498,000 |
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 | 584,000 | 1,158,000 | 1,712,000 | 2,245,000 |
| Interest expense | 225,000 | 450,000 | 638,000 | 813,000 |
| Net interest income | 359,000 | 708,000 | 1,074,000 | 1,432,000 |
| Noninterest income | 614,000 | 1,235,000 | 1,802,000 | 2,191,000 |
| Noninterest expense | 718,000 | 1,434,000 | 2,163,000 | 2,797,000 |
| Provision for loan losses | 15,000 | 25,000 | 40,000 | 5,000 |
| Pretax income | 240,000 | 484,000 | 673,000 | 955,000 |
| Income tax | 16,000 | 34,000 | 49,000 | 63,000 |
| Net income | 224,000 | 450,000 | 624,000 | 892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,485,000 | 3,462,000 | 3,472,000 | 3,523,000 |
| Total capital | 3,817,000 | 3,802,000 | 3,821,000 | 3,858,000 |
| Risk-weighted assets | 26,475,000 | 27,149,000 | 27,841,000 | 26,803,000 |