Call reports 2003
FIRST NATIONAL BANK OF ABSECON — 2003
What FIRST NATIONAL BANK OF ABSECON 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 | 150,552,000 | 151,731,000 | 149,012,000 | 148,247,000 |
| Total loans | 50,124,000 | 49,275,000 | 48,230,000 | 46,818,000 |
| Allowance for loan losses | 365,000 | 365,000 | 365,000 | 380,000 |
| Securities available for sale | 81,000,000 | 82,362,000 | 90,577,000 | 84,130,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,764,000 | 137,326,000 | 135,303,000 | 135,148,000 |
| Interest-bearing deposits | 121,490,000 | 120,420,000 | 117,228,000 | 118,419,000 |
| Noninterest-bearing deposits | 15,274,000 | 16,906,000 | 18,075,000 | 16,729,000 |
| Equity capital | 13,119,000 | 13,531,000 | 13,209,000 | 12,773,000 |
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 | 1,917,000 | 3,760,000 | 5,572,000 | 7,424,000 |
| Interest expense | 574,000 | 1,063,000 | 1,474,000 | 1,852,000 |
| Net interest income | 1,343,000 | 2,697,000 | 4,098,000 | 5,572,000 |
| Noninterest income | 81,000 | 163,000 | 237,000 | 306,000 |
| Noninterest expense | 1,147,000 | 2,134,000 | 3,177,000 | 4,209,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 277,000 | 726,000 | 1,158,000 | 1,695,000 |
| Income tax | 65,000 | 190,000 | 300,000 | 463,000 |
| Net income | 212,000 | 536,000 | 858,000 | 1,232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,851,000 | 11,836,000 | 12,158,000 | 11,938,000 |
| Total capital | 12,216,000 | 12,201,000 | 12,523,000 | 12,318,000 |
| Risk-weighted assets | 77,141,000 | 78,630,000 | 75,804,000 | 73,286,000 |