Call reports 2003
BUSINESS BANK, THE — 2003
What BUSINESS BANK, THE 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 | 114,118,000 | 130,420,000 | 134,201,000 | 140,704,000 |
| Total loans | 81,262,000 | 82,998,000 | 87,144,000 | 99,127,000 |
| Allowance for loan losses | 1,417,000 | 1,507,000 | 1,512,000 | 1,513,000 |
| Securities available for sale | 20,151,000 | 7,633,000 | 23,927,000 | 24,654,000 |
| Securities held to maturity | 568,000 | 21,778,000 | 1,558,000 | 6,035,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,106,000 | 115,242,000 | 118,762,000 | 125,838,000 |
| Interest-bearing deposits | 73,417,000 | 85,350,000 | 83,372,000 | 91,292,000 |
| Noninterest-bearing deposits | 25,689,000 | 29,892,000 | 35,390,000 | 34,546,000 |
| Equity capital | 9,577,000 | 9,766,000 | 9,981,000 | 10,247,000 |
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 | 1,545,000 | 3,173,000 | 4,803,000 | 6,609,000 |
| Interest expense | 455,000 | 947,000 | 1,402,000 | 1,856,000 |
| Net interest income | 1,090,000 | 2,226,000 | 3,401,000 | 4,753,000 |
| Noninterest income | 99,000 | 211,000 | 329,000 | 467,000 |
| Noninterest expense | 830,000 | 1,681,000 | 2,620,000 | 3,707,000 |
| Provision for loan losses | 168,000 | 280,000 | 280,000 | 280,000 |
| Pretax income | 191,000 | 476,000 | 830,000 | 1,233,000 |
| Income tax | 65,000 | 162,000 | 282,000 | 419,000 |
| Net income | 126,000 | 314,000 | 548,000 | 814,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,564,000 | 9,751,000 | 9,984,000 | 10,249,000 |
| Total capital | 10,626,000 | 10,849,000 | 11,105,000 | 11,468,000 |
| Risk-weighted assets | 84,632,000 | 87,411,000 | 89,263,000 | 97,262,000 |