Call reports 2003
FOUNDATION BANK — 2003
What FOUNDATION 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 | 87,262,000 | 89,730,000 | 88,287,000 | 89,298,000 |
| Total loans | 38,168,000 | 37,214,000 | 35,614,000 | 35,446,000 |
| Allowance for loan losses | 2,729,000 | 2,871,000 | 2,911,000 | 3,021,000 |
| Securities available for sale | 12,300,000 | 12,285,000 | 11,263,000 | 9,823,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,661,000 | 80,665,000 | 78,974,000 | 79,999,000 |
| Interest-bearing deposits | 68,061,000 | 68,957,000 | 67,080,000 | 67,494,000 |
| Noninterest-bearing deposits | 10,600,000 | 11,708,000 | 11,894,000 | 12,505,000 |
| Equity capital | 8,288,000 | 8,571,000 | 8,717,000 | 8,982,000 |
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 | 1,290,000 | 2,584,000 | 3,855,000 | 5,018,000 |
| Interest expense | 331,000 | 650,000 | 922,000 | 1,165,000 |
| Net interest income | 959,000 | 1,934,000 | 2,933,000 | 3,853,000 |
| Noninterest income | 409,000 | 812,000 | 1,163,000 | 1,621,000 |
| Noninterest expense | 904,000 | 1,864,000 | 2,757,000 | 3,671,000 |
| Provision for loan losses | 75,000 | 150,000 | 250,000 | 325,000 |
| Pretax income | 389,000 | 732,000 | 1,089,000 | 1,478,000 |
| Income tax | 127,000 | 235,000 | 343,000 | 457,000 |
| Net income | 262,000 | 497,000 | 746,000 | 1,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,924,000 | 8,159,000 | 8,409,000 | 8,683,000 |
| Total capital | 8,424,000 | 8,666,000 | 8,905,000 | 9,184,000 |
| Risk-weighted assets | 37,748,000 | 38,228,000 | 37,232,000 | 37,544,000 |