Call reports 2003
RARITAN STATE BANK — 2003
What RARITAN STATE 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 | 89,563,000 | 90,987,000 | 89,981,000 | 97,894,000 |
| Total loans | 56,182,000 | 54,793,000 | 56,340,000 | 53,729,000 |
| Allowance for loan losses | 1,027,000 | 1,002,000 | 963,000 | 925,000 |
| Securities available for sale | 24,884,000 | 28,807,000 | 28,751,000 | 29,414,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,103,000 | 82,450,000 | 80,629,000 | 89,179,000 |
| Interest-bearing deposits | 74,306,000 | 75,738,000 | 74,023,000 | 81,473,000 |
| Noninterest-bearing deposits | 6,797,000 | 6,712,000 | 6,606,000 | 7,706,000 |
| Equity capital | 8,055,000 | 8,204,000 | 8,350,000 | 8,376,000 |
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 | 1,238,000 | 2,414,000 | 3,561,000 | 4,711,000 |
| Interest expense | 538,000 | 1,066,000 | 1,553,000 | 2,004,000 |
| Net interest income | 700,000 | 1,348,000 | 2,008,000 | 2,707,000 |
| Noninterest income | 108,000 | 206,000 | 297,000 | 385,000 |
| Noninterest expense | 571,000 | 1,092,000 | 1,616,000 | 2,127,000 |
| Provision for loan losses | 40,000 | 40,000 | 40,000 | 70,000 |
| Pretax income | 210,000 | 435,000 | 662,000 | 897,000 |
| Income tax | 81,000 | 138,000 | 193,000 | 224,000 |
| Net income | 129,000 | 297,000 | 469,000 | 673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,785,000 | 7,853,000 | 8,136,000 | 8,207,000 |
| Total capital | 8,513,000 | 8,556,000 | 8,853,000 | 8,923,000 |
| Risk-weighted assets | 57,913,000 | 55,951,000 | 57,221,000 | 57,110,000 |