Call reports 2003
FREEPORT STATE BANK — 2003
What FREEPORT STATE 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 | 11,899,000 | 13,195,000 | 12,223,000 | 12,460,000 |
| Total loans | 6,655,000 | 7,050,000 | 6,438,000 | 6,855,000 |
| Allowance for loan losses | 58,000 | 58,000 | 58,000 | 58,000 |
| Securities available for sale | 4,092,000 | 4,312,000 | 4,679,000 | 4,652,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,929,000 | 12,190,000 | 10,661,000 | 11,324,000 |
| Interest-bearing deposits | 9,363,000 | 9,809,000 | 8,909,000 | 9,388,000 |
| Noninterest-bearing deposits | 1,566,000 | 2,381,000 | 1,752,000 | 1,936,000 |
| Equity capital | 928,000 | 958,000 | 922,000 | 876,000 |
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 | 159,000 | 313,000 | 456,000 | 593,000 |
| Interest expense | 43,000 | 82,000 | 117,000 | 148,000 |
| Net interest income | 116,000 | 231,000 | 339,000 | 445,000 |
| Noninterest income | 14,000 | 29,000 | 49,000 | 68,000 |
| Noninterest expense | 105,000 | 224,000 | 351,000 | 487,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 33,000 | 51,000 | 52,000 | 41,000 |
| Income tax | 3,000 | 7,000 | 7,000 | 6,000 |
| Net income | 30,000 | 44,000 | 45,000 | 35,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 896,000 | 910,000 | 911,000 | 872,000 |
| Total capital | 954,000 | 968,000 | 969,000 | 930,000 |
| Risk-weighted assets | 6,921,000 | 7,475,000 | 6,789,000 | 7,087,000 |