Call reports 2003
WEST POINT BANK — 2003
What WEST POINT 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 | 83,409,000 | 83,903,000 | 83,755,000 | 85,693,000 |
| Total loans | 43,472,000 | 43,415,000 | 42,408,000 | 42,422,000 |
| Allowance for loan losses | 78,000 | 77,000 | 77,000 | 78,000 |
| Securities available for sale | 33,919,000 | 36,522,000 | 35,420,000 | 37,279,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,073,000 | 60,018,000 | 60,103,000 | 60,845,000 |
| Interest-bearing deposits | 47,299,000 | 47,785,000 | 47,304,000 | 46,143,000 |
| Noninterest-bearing deposits | 12,774,000 | 12,233,000 | 12,799,000 | 14,702,000 |
| Equity capital | 6,614,000 | 6,883,000 | 7,023,000 | 7,327,000 |
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 | 1,118,000 | 2,217,000 | 3,262,000 | 4,316,000 |
| Interest expense | 366,000 | 689,000 | 958,000 | 1,214,000 |
| Net interest income | 752,000 | 1,528,000 | 2,304,000 | 3,102,000 |
| Noninterest income | 54,000 | 112,000 | 179,000 | 269,000 |
| Noninterest expense | 425,000 | 847,000 | 1,257,000 | 1,644,000 |
| Provision for loan losses | 0 | 0 | 0 | 2,000 |
| Pretax income | 381,000 | 793,000 | 1,226,000 | 1,725,000 |
| Income tax | 126,000 | 269,000 | 425,000 | 591,000 |
| Net income | 255,000 | 524,000 | 801,000 | 1,134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,208,000 | 6,481,000 | 6,762,000 | 7,099,000 |
| Total capital | 6,286,000 | 6,558,000 | 6,839,000 | 7,177,000 |
| Risk-weighted assets | 38,020,000 | 37,835,000 | 37,464,000 | 37,861,000 |