Call reports 2003
WILLIAMSTOWN BANK, INC. — 2003
What WILLIAMSTOWN BANK, INC. 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 | 86,273,000 | 85,139,000 | 84,874,000 | 86,207,000 |
| Total loans | 54,202,000 | 53,574,000 | 56,214,000 | 58,298,000 |
| Allowance for loan losses | 538,000 | 578,000 | 605,000 | 639,000 |
| Securities available for sale | 20,391,000 | 19,103,000 | 18,597,000 | 17,763,000 |
| Securities held to maturity | 1,068,000 | 807,000 | 506,000 | 505,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,724,000 | 75,225,000 | 75,080,000 | 76,262,000 |
| Interest-bearing deposits | 64,909,000 | 63,511,000 | 62,842,000 | 63,439,000 |
| Noninterest-bearing deposits | 11,815,000 | 11,714,000 | 12,238,000 | 12,823,000 |
| Equity capital | 8,955,000 | 9,232,000 | 9,204,000 | 9,306,000 |
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 | 1,354,000 | 2,655,000 | 3,966,000 | 5,254,000 |
| Interest expense | 466,000 | 871,000 | 1,222,000 | 1,514,000 |
| Net interest income | 888,000 | 1,784,000 | 2,744,000 | 3,740,000 |
| Noninterest income | 104,000 | 239,000 | 370,000 | 465,000 |
| Noninterest expense | 683,000 | 1,321,000 | 2,009,000 | 2,741,000 |
| Provision for loan losses | 66,000 | 132,000 | 193,000 | 244,000 |
| Pretax income | 276,000 | 620,000 | 965,000 | 1,274,000 |
| Income tax | 62,000 | 166,000 | 257,000 | 359,000 |
| Net income | 214,000 | 454,000 | 708,000 | 915,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,635,000 | 8,801,000 | 8,980,000 | 9,068,000 |
| Total capital | 9,173,000 | 9,379,000 | 9,585,000 | 9,707,000 |
| Risk-weighted assets | 63,577,000 | 62,102,000 | 60,660,000 | 61,001,000 |