Call reports 2003
MORRIS COUNTY NATIONAL BANK — 2003
What MORRIS COUNTY NATIONAL 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 | 69,804,000 | 70,666,000 | 72,025,000 | 70,994,000 |
| Total loans | 43,614,000 | 45,366,000 | 47,421,000 | 47,660,000 |
| Allowance for loan losses | 568,000 | 527,000 | 545,000 | 505,000 |
| Securities available for sale | 17,449,000 | 17,088,000 | 17,627,000 | 16,447,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,577,000 | 64,345,000 | 65,009,000 | 64,781,000 |
| Interest-bearing deposits | 57,993,000 | 58,911,000 | 59,035,000 | 58,219,000 |
| Noninterest-bearing deposits | 5,584,000 | 5,434,000 | 5,974,000 | 6,563,000 |
| Equity capital | 5,858,000 | 5,916,000 | 5,622,000 | 5,847,000 |
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 | 1,048,000 | 2,047,000 | 3,054,000 | 4,105,000 |
| Interest expense | 340,000 | 651,000 | 934,000 | 1,190,000 |
| Net interest income | 708,000 | 1,396,000 | 2,120,000 | 2,915,000 |
| Noninterest income | 117,000 | 239,000 | 367,000 | 512,000 |
| Noninterest expense | 577,000 | 1,159,000 | 1,737,000 | 2,313,000 |
| Provision for loan losses | 43,000 | 87,000 | 131,000 | 225,000 |
| Pretax income | 206,000 | 399,000 | 629,000 | 908,000 |
| Income tax | 0 | 5,000 | 5,000 | 9,000 |
| Net income | 206,000 | 394,000 | 624,000 | 899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,467,000 | 5,544,000 | 5,536,000 | 5,690,000 |
| Total capital | 6,045,000 | 6,083,000 | 6,088,000 | 6,216,000 |
| Risk-weighted assets | 47,690,000 | 49,252,000 | 51,725,000 | 51,622,000 |