Call reports 2003
SECURITY EXCHANGE BANK — 2003
What SECURITY EXCHANGE 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 | 64,516,000 | 66,680,000 | 70,638,000 | 69,240,000 |
| Total loans | 46,940,000 | 48,022,000 | 45,912,000 | 47,791,000 |
| Allowance for loan losses | 614,000 | 636,000 | 663,000 | 703,000 |
| Securities available for sale | 11,854,000 | 16,257,000 | 17,281,000 | 19,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,141,000 | 57,770,000 | 61,432,000 | 58,075,000 |
| Interest-bearing deposits | 53,626,000 | 53,805,000 | 57,928,000 | 55,099,000 |
| Noninterest-bearing deposits | 2,515,000 | 3,965,000 | 3,504,000 | 2,976,000 |
| Equity capital | 8,066,000 | 8,434,000 | 8,321,000 | 8,602,000 |
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 | 978,000 | 2,001,000 | 3,046,000 | 4,080,000 |
| Interest expense | 357,000 | 702,000 | 1,018,000 | 1,317,000 |
| Net interest income | 621,000 | 1,299,000 | 2,028,000 | 2,763,000 |
| Noninterest income | 42,000 | 88,000 | 138,000 | 200,000 |
| Noninterest expense | 344,000 | 690,000 | 1,063,000 | 1,452,000 |
| Provision for loan losses | 159,000 | 186,000 | 236,000 | 275,000 |
| Pretax income | 160,000 | 562,000 | 936,000 | 1,305,000 |
| Income tax | 57,000 | 206,000 | 343,000 | 451,000 |
| Net income | 103,000 | 356,000 | 593,000 | 854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,036,000 | 8,290,000 | 8,526,000 | 8,788,000 |
| Total capital | 8,650,000 | 8,926,000 | 9,189,000 | 9,491,000 |
| Risk-weighted assets | 54,866,000 | 56,346,000 | 55,708,000 | 56,541,000 |