Call reports 2003
PATRIOTS BANK — 2003
What PATRIOTS 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 | 61,524,000 | 64,184,000 | 65,754,000 | 65,294,000 |
| Total loans | 42,703,000 | 41,544,000 | 39,399,000 | 39,810,000 |
| Allowance for loan losses | 734,000 | 561,000 | 562,000 | 444,000 |
| Securities available for sale | 14,202,000 | 14,583,000 | 18,407,000 | 18,950,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,504,000 | 58,082,000 | 59,644,000 | 59,284,000 |
| Interest-bearing deposits | 51,164,000 | 53,949,000 | 55,404,000 | 54,321,000 |
| Noninterest-bearing deposits | 4,340,000 | 4,134,000 | 4,240,000 | 4,963,000 |
| Equity capital | 5,339,000 | 5,450,000 | 5,495,000 | 5,524,000 |
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 | 846,000 | 1,632,000 | 2,430,000 | 3,210,000 |
| Interest expense | 259,000 | 498,000 | 721,000 | 923,000 |
| Net interest income | 587,000 | 1,134,000 | 1,709,000 | 2,287,000 |
| Noninterest income | 121,000 | 239,000 | 375,000 | 504,000 |
| Noninterest expense | 547,000 | 1,123,000 | 1,685,000 | 2,285,000 |
| Provision for loan losses | 183,000 | 189,000 | 198,000 | 253,000 |
| Pretax income | -22,000 | 61,000 | 201,000 | 295,000 |
| Income tax | 40,000 | -4,000 | 28,000 | 37,000 |
| Net income | -62,000 | 65,000 | 173,000 | 258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,808,000 | 4,940,000 | 5,055,000 | 5,147,000 |
| Total capital | 5,355,000 | 5,474,000 | 5,574,000 | 5,591,000 |
| Risk-weighted assets | 43,555,000 | 42,707,000 | 41,484,000 | 41,998,000 |