Call reports 2003
FIRST BANK — 2003
What FIRST 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 | 90,365,000 | 93,601,000 | 95,245,000 | 92,089,000 |
| Total loans | 66,779,000 | 65,289,000 | 64,882,000 | 64,126,000 |
| Allowance for loan losses | 659,000 | 691,000 | 692,000 | 688,000 |
| Securities available for sale | 9,040,000 | 10,983,000 | 12,068,000 | 11,409,000 |
| Securities held to maturity | 3,835,000 | 4,033,000 | 4,147,000 | 5,028,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,523,000 | 84,875,000 | 86,358,000 | 83,616,000 |
| Interest-bearing deposits | 66,724,000 | 67,066,000 | 69,843,000 | 67,535,000 |
| Noninterest-bearing deposits | 14,799,000 | 17,809,000 | 16,516,000 | 16,081,000 |
| Equity capital | 7,326,000 | 7,267,000 | 7,413,000 | 7,096,000 |
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 | 1,357,000 | 2,693,000 | 4,051,000 | 5,375,000 |
| Interest expense | 437,000 | 881,000 | 1,284,000 | 1,658,000 |
| Net interest income | 920,000 | 1,812,000 | 2,767,000 | 3,717,000 |
| Noninterest income | 234,000 | 475,000 | 704,000 | 1,066,000 |
| Noninterest expense | 839,000 | 1,633,000 | 2,435,000 | 3,296,000 |
| Provision for loan losses | 39,000 | 72,000 | 102,000 | 187,000 |
| Pretax income | 276,000 | 582,000 | 934,000 | 1,300,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 276,000 | 582,000 | 934,000 | 1,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,145,000 | 7,076,000 | 7,379,000 | 7,079,000 |
| Total capital | 7,804,000 | 7,767,000 | 8,071,000 | 7,767,000 |
| Risk-weighted assets | 66,323,000 | 64,585,000 | 65,511,000 | 64,393,000 |