Call reports 2003
CORNERBANK — 2003
What CORNERBANK 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 | 188,627,000 | 206,306,000 | 211,235,000 | 209,796,000 |
| Total loans | 113,134,000 | 115,989,000 | 113,668,000 | 121,624,000 |
| Allowance for loan losses | 1,739,000 | 1,893,000 | 1,994,000 | 1,986,000 |
| Securities available for sale | 55,661,000 | 69,718,000 | 76,696,000 | 72,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,463,000 | 174,437,000 | 188,937,000 | 174,421,000 |
| Interest-bearing deposits | 148,627,000 | 158,649,000 | 172,629,000 | 159,243,000 |
| Noninterest-bearing deposits | 14,836,000 | 15,788,000 | 16,308,000 | 15,178,000 |
| Equity capital | 15,227,000 | 15,312,000 | 15,081,000 | 15,076,000 |
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 | 2,498,000 | 4,956,000 | 7,498,000 | 10,033,000 |
| Interest expense | 766,000 | 1,525,000 | 2,281,000 | 2,967,000 |
| Net interest income | 1,732,000 | 3,431,000 | 5,217,000 | 7,066,000 |
| Noninterest income | 648,000 | 1,327,000 | 2,017,000 | 2,639,000 |
| Noninterest expense | 1,802,000 | 3,681,000 | 5,464,000 | 7,580,000 |
| Provision for loan losses | 174,000 | 348,000 | 482,000 | 541,000 |
| Pretax income | 428,000 | 767,000 | 1,343,000 | 1,612,000 |
| Income tax | 76,000 | 170,000 | 451,000 | 539,000 |
| Net income | 352,000 | 597,000 | 892,000 | 1,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,463,000 | 14,473,000 | 14,782,000 | 14,702,000 |
| Total capital | 16,066,000 | 16,159,000 | 16,471,000 | 16,490,000 |
| Risk-weighted assets | 128,089,000 | 134,695,000 | 134,821,000 | 142,871,000 |