Call reports 2003
FIRST SERVICE BANK — 2003
What FIRST SERVICE 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 | 93,478,000 | 104,571,000 | 105,807,000 | 108,764,000 |
| Total loans | 76,885,000 | 82,298,000 | 85,065,000 | 85,042,000 |
| Allowance for loan losses | 1,084,000 | 1,138,000 | 1,218,000 | 1,320,000 |
| Securities available for sale | 4,540,000 | 10,375,000 | 8,365,000 | 12,144,000 |
| Securities held to maturity | 3,986,000 | 3,726,000 | 3,569,000 | 3,262,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,711,000 | 90,951,000 | 92,775,000 | 95,078,000 |
| Interest-bearing deposits | 71,502,000 | 77,280,000 | 79,781,000 | 80,354,000 |
| Noninterest-bearing deposits | 12,210,000 | 13,671,000 | 12,994,000 | 14,724,000 |
| Equity capital | 8,177,000 | 8,539,000 | 8,943,000 | 9,060,000 |
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 | 1,519,000 | 3,116,000 | 4,818,000 | 6,498,000 |
| Interest expense | 435,000 | 817,000 | 1,203,000 | 1,597,000 |
| Net interest income | 1,084,000 | 2,299,000 | 3,615,000 | 4,901,000 |
| Noninterest income | 301,000 | 646,000 | 1,042,000 | 1,342,000 |
| Noninterest expense | 845,000 | 1,743,000 | 2,643,000 | 3,761,000 |
| Provision for loan losses | 98,000 | 164,000 | 262,000 | 393,000 |
| Pretax income | 442,000 | 1,038,000 | 1,752,000 | 2,089,000 |
| Income tax | 177,000 | 425,000 | 700,000 | 789,000 |
| Net income | 265,000 | 613,000 | 1,052,000 | 1,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,162,000 | 8,510,000 | 8,949,000 | 9,097,000 |
| Total capital | 9,059,000 | 9,486,000 | 9,941,000 | 10,077,000 |
| Risk-weighted assets | 71,798,000 | 77,908,000 | 79,169,000 | 78,088,000 |