Call reports 2003
AFFINITY BANK — 2003
What AFFINITY 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 | 34,306,000 | 46,368,000 | 60,113,000 | 74,022,000 |
| Total loans | 25,919,000 | 37,690,000 | 47,577,000 | 55,374,000 |
| Allowance for loan losses | 325,000 | 475,000 | 610,000 | 725,000 |
| Securities available for sale | 4,397,000 | 6,111,000 | 7,564,000 | 12,247,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,608,000 | 36,270,000 | 50,086,000 | 63,899,000 |
| Interest-bearing deposits | 21,085,000 | 33,470,000 | 45,113,000 | 60,083,000 |
| Noninterest-bearing deposits | 2,523,000 | 2,800,000 | 4,973,000 | 3,816,000 |
| Equity capital | 10,126,000 | 10,002,000 | 9,858,000 | 9,958,000 |
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 | 416,000 | 960,000 | 1,702,000 | 2,646,000 |
| Interest expense | 114,000 | 267,000 | 473,000 | 746,000 |
| Net interest income | 302,000 | 693,000 | 1,229,000 | 1,900,000 |
| Noninterest income | 151,000 | 234,000 | 295,000 | 407,000 |
| Noninterest expense | 404,000 | 867,000 | 1,413,000 | 2,040,000 |
| Provision for loan losses | 70,000 | 220,000 | 355,000 | 470,000 |
| Pretax income | -21,000 | -160,000 | -244,000 | -203,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -21,000 | -160,000 | -244,000 | -203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,108,000 | 9,968,000 | 9,872,000 | 9,926,000 |
| Total capital | 10,433,000 | 10,443,000 | 10,482,000 | 10,651,000 |
| Risk-weighted assets | 34,620,000 | 46,850,000 | 60,741,000 | 65,178,000 |