Call reports 2003
BOWEN STATE BANK — 2003
What BOWEN 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 | 16,616,000 | 16,932,000 | 16,957,000 | 18,000,000 |
| Total loans | 11,217,000 | 11,476,000 | 11,862,000 | 11,568,000 |
| Allowance for loan losses | 106,000 | 112,000 | 116,000 | 170,000 |
| Securities available for sale | 4,150,000 | 4,298,000 | 3,992,000 | 5,189,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,301,000 | 14,544,000 | 14,592,000 | 15,632,000 |
| Interest-bearing deposits | 12,189,000 | 12,516,000 | 12,632,000 | 13,406,000 |
| Noninterest-bearing deposits | 2,112,000 | 2,028,000 | 1,960,000 | 2,226,000 |
| Equity capital | 2,120,000 | 2,198,000 | 2,201,000 | 2,229,000 |
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 | 257,000 | 511,000 | 769,000 | 1,017,000 |
| Interest expense | 65,000 | 127,000 | 186,000 | 241,000 |
| Net interest income | 192,000 | 384,000 | 583,000 | 776,000 |
| Noninterest income | 18,000 | 33,000 | 50,000 | 66,000 |
| Noninterest expense | 129,000 | 262,000 | 395,000 | 537,000 |
| Provision for loan losses | 6,000 | 12,000 | 16,000 | 70,000 |
| Pretax income | 75,000 | 143,000 | 222,000 | 235,000 |
| Income tax | 16,000 | 32,000 | 51,000 | 48,000 |
| Net income | 59,000 | 111,000 | 171,000 | 187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,985,000 | 2,037,000 | 2,097,000 | 2,113,000 |
| Total capital | 2,091,000 | 2,149,000 | 2,213,000 | 2,264,000 |
| Risk-weighted assets | 11,164,000 | 11,452,000 | 13,153,000 | 12,069,000 |