Call reports 2003
PARTNERS BANK — 2003
What PARTNERS 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 | 79,749,000 | 90,936,000 | 90,239,000 | 114,463,000 |
| Total loans | 40,988,000 | 47,579,000 | 49,067,000 | 56,492,000 |
| Allowance for loan losses | 566,000 | 627,000 | 645,000 | 686,000 |
| Securities available for sale | 35,034,000 | 33,947,000 | 35,628,000 | 36,371,000 |
| Securities held to maturity | 0 | 0 | 0 | 963,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,786,000 | 68,827,000 | 65,894,000 | 68,720,000 |
| Interest-bearing deposits | 54,269,000 | 51,744,000 | 57,193,000 | 56,874,000 |
| Noninterest-bearing deposits | 5,517,000 | 17,083,000 | 8,701,000 | 11,846,000 |
| Equity capital | 7,200,000 | 7,427,000 | 7,297,000 | 7,514,000 |
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 | 934,000 | 2,006,000 | 3,058,000 | 4,165,000 |
| Interest expense | 313,000 | 647,000 | 982,000 | 1,341,000 |
| Net interest income | 621,000 | 1,359,000 | 2,076,000 | 2,824,000 |
| Noninterest income | 48,000 | 113,000 | 178,000 | 281,000 |
| Noninterest expense | 468,000 | 960,000 | 1,464,000 | 1,975,000 |
| Provision for loan losses | 28,000 | 89,000 | 107,000 | 157,000 |
| Pretax income | 202,000 | 452,000 | 712,000 | 1,002,000 |
| Income tax | 61,000 | 135,000 | 212,000 | 300,000 |
| Net income | 141,000 | 317,000 | 500,000 | 702,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,999,000 | 7,176,000 | 7,358,000 | 7,564,000 |
| Total capital | 7,565,000 | 7,803,000 | 8,003,000 | 8,250,000 |
| Risk-weighted assets | 46,568,000 | 53,261,000 | 56,020,000 | 66,889,000 |