Call reports 2003
ARMOR BANK — 2003
What ARMOR 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 | 90,143,000 | 86,386,000 | 82,405,000 | 72,251,000 |
| Total loans | 42,778,000 | 41,959,000 | 39,144,000 | 37,492,000 |
| Allowance for loan losses | 1,013,000 | 929,000 | 1,341,000 | 1,341,000 |
| Securities available for sale | 37,947,000 | 35,458,000 | 31,841,000 | 26,286,000 |
| Securities held to maturity | 4,189,000 | 3,578,000 | 4,032,000 | 4,079,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,787,000 | 57,294,000 | 56,093,000 | 53,123,000 |
| Interest-bearing deposits | 58,067,000 | 54,734,000 | 53,078,000 | 50,574,000 |
| Noninterest-bearing deposits | 2,720,000 | 2,560,000 | 3,015,000 | 2,549,000 |
| Equity capital | 6,450,000 | 6,592,000 | 6,251,000 | 6,446,000 |
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 | 1,121,000 | 2,141,000 | 3,030,000 | 3,980,000 |
| Interest expense | 518,000 | 1,035,000 | 1,519,000 | 1,963,000 |
| Net interest income | 603,000 | 1,106,000 | 1,511,000 | 2,017,000 |
| Noninterest income | 66,000 | 150,000 | 254,000 | 329,000 |
| Noninterest expense | 432,000 | 871,000 | 1,331,000 | 1,782,000 |
| Provision for loan losses | 216,000 | 168,000 | 608,000 | 618,000 |
| Pretax income | 29,000 | 335,000 | -56,000 | 50,000 |
| Income tax | 6,000 | 116,000 | -42,000 | -19,000 |
| Net income | 23,000 | 219,000 | -14,000 | 69,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,441,000 | 6,637,000 | 6,383,000 | 6,595,000 |
| Total capital | 7,056,000 | 7,298,000 | 6,951,000 | 7,107,000 |
| Risk-weighted assets | 47,942,000 | 51,708,000 | 44,695,000 | 40,141,000 |