Call reports 2003
BUSINESS BANK, THE — 2003
What BUSINESS BANK, THE 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 | 108,623,000 | 120,293,000 | 122,909,000 | 140,463,000 |
| Total loans | 97,384,000 | 105,559,000 | 109,116,000 | 126,023,000 |
| Allowance for loan losses | 1,095,000 | 1,170,000 | 1,265,000 | 1,363,000 |
| Securities available for sale | 6,549,000 | 7,961,000 | 7,475,000 | 8,719,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,531,000 | 110,311,000 | 112,688,000 | 124,250,000 |
| Interest-bearing deposits | 89,117,000 | 96,278,000 | 98,854,000 | 111,334,000 |
| Noninterest-bearing deposits | 9,414,000 | 14,034,000 | 13,834,000 | 12,916,000 |
| Equity capital | 8,575,000 | 8,836,000 | 9,068,000 | 12,807,000 |
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 | 1,401,000 | 2,893,000 | 4,474,000 | 6,092,000 |
| Interest expense | 640,000 | 1,298,000 | 1,959,000 | 2,632,000 |
| Net interest income | 761,000 | 1,595,000 | 2,515,000 | 3,460,000 |
| Noninterest income | 29,000 | 63,000 | 101,000 | 156,000 |
| Noninterest expense | 389,000 | 793,000 | 1,212,000 | 1,647,000 |
| Provision for loan losses | 75,000 | 150,000 | 245,000 | 348,000 |
| Pretax income | 336,000 | 726,000 | 1,170,000 | 1,632,000 |
| Income tax | 121,000 | 265,000 | 428,000 | 591,000 |
| Net income | 215,000 | 461,000 | 742,000 | 1,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,482,000 | 8,728,000 | 9,008,000 | 12,641,000 |
| Total capital | 9,577,000 | 9,898,000 | 10,273,000 | 14,004,000 |
| Risk-weighted assets | 103,369,000 | 114,335,000 | 116,009,000 | 133,587,000 |