Call reports 2003
U.S. TRUST COMPANY, NATIONAL ASSOCIATION — 2003
What U.S. TRUST COMPANY, NATIONAL ASSOCIATION 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 | 689,499,000 | 1,128,569,000 | 1,368,613,000 | 2,364,161,000 |
| Total loans | 153,011,000 | 260,517,000 | 327,464,000 | 547,813,000 |
| Allowance for loan losses | 1,110,000 | 2,114,000 | 2,687,000 | 3,209,000 |
| Securities available for sale | 346,871,000 | 467,273,000 | 565,378,000 | 1,123,942,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 522,295,000 | 858,458,000 | 960,756,000 | 1,337,679,000 |
| Interest-bearing deposits | 451,191,000 | 771,059,000 | 841,520,000 | 1,204,814,000 |
| Noninterest-bearing deposits | 71,104,000 | 87,399,000 | 119,236,000 | 132,865,000 |
| Equity capital | 106,048,000 | 233,448,000 | 352,303,000 | 760,142,000 |
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 | 5,589,000 | 18,464,000 | 31,926,000 | 50,800,000 |
| Interest expense | 992,000 | 3,754,000 | 6,752,000 | 9,953,000 |
| Net interest income | 4,597,000 | 14,710,000 | 25,174,000 | 40,847,000 |
| Noninterest income | 19,151,000 | 74,801,000 | 145,184,000 | 224,474,000 |
| Noninterest expense | 17,930,000 | 66,203,000 | 131,799,000 | 203,662,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 25,000 |
| Pretax income | 6,098,000 | 26,307,000 | 45,892,000 | 69,530,000 |
| Income tax | 2,615,000 | 10,956,000 | 18,455,000 | 27,475,000 |
| Net income | 3,483,000 | 15,351,000 | 27,437,000 | 42,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,497,000 | 149,813,000 | 210,985,000 | 252,092,000 |
| Total capital | 58,607,000 | 151,927,000 | 213,672,000 | 255,301,000 |
| Risk-weighted assets | 237,642,000 | 436,660,000 | 541,474,000 | 748,309,000 |