Call reports 2003
MAROA FORSYTH COMMUNITY BANK — 2003
What MAROA FORSYTH COMMUNITY 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 | 18,063,000 | 19,946,000 | 19,540,000 | 20,434,000 |
| Total loans | 10,357,000 | 10,033,000 | 9,710,000 | 11,455,000 |
| Allowance for loan losses | 103,000 | 100,000 | 107,000 | 109,000 |
| Securities available for sale | 5,996,000 | 5,758,000 | 6,101,000 | 6,906,000 |
| Securities held to maturity | 189,000 | 183,000 | 78,000 | 73,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,780,000 | 16,654,000 | 16,493,000 | 17,177,000 |
| Interest-bearing deposits | 12,903,000 | 13,853,000 | 14,169,000 | 13,991,000 |
| Noninterest-bearing deposits | 1,877,000 | 2,801,000 | 2,324,000 | 3,186,000 |
| Equity capital | 2,510,000 | 2,509,000 | 2,471,000 | 2,485,000 |
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 | 296,000 | 598,000 | 889,000 | 1,166,000 |
| Interest expense | 74,000 | 143,000 | 209,000 | 271,000 |
| Net interest income | 222,000 | 455,000 | 680,000 | 895,000 |
| Noninterest income | 90,000 | 165,000 | 238,000 | 301,000 |
| Noninterest expense | 258,000 | 512,000 | 758,000 | 995,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 20,000 |
| Pretax income | 55,000 | 108,000 | 141,000 | 182,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 55,000 | 108,000 | 141,000 | 181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,154,000 | 2,166,000 | 2,168,000 | 2,178,000 |
| Total capital | 2,257,000 | 2,266,000 | 2,275,000 | 2,287,000 |
| Risk-weighted assets | 10,876,000 | 11,139,000 | 10,864,000 | 12,728,000 |