Call reports 2003
TRADITIONS BANK — 2003
What TRADITIONS 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 | 28,415,000 | 39,078,000 | 50,154,000 | 55,669,000 |
| Total loans | 10,264,000 | 12,859,000 | 17,233,000 | 21,835,000 |
| Allowance for loan losses | 123,000 | 154,000 | 208,000 | 262,000 |
| Securities available for sale | 4,868,000 | 9,495,000 | 13,227,000 | 13,340,000 |
| Securities held to maturity | 12,000,000 | 15,000,000 | 17,999,000 | 18,998,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,568,000 | 20,012,000 | 24,175,000 | 34,394,000 |
| Interest-bearing deposits | 7,294,000 | 16,336,000 | 21,002,000 | 31,305,000 |
| Noninterest-bearing deposits | 2,274,000 | 3,676,000 | 3,173,000 | 3,089,000 |
| Equity capital | 8,565,000 | 8,301,000 | 7,854,000 | 7,677,000 |
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 | 130,000 | 319,000 | 582,000 | 930,000 |
| Interest expense | 40,000 | 107,000 | 211,000 | 349,000 |
| Net interest income | 90,000 | 212,000 | 371,000 | 581,000 |
| Noninterest income | 3,000 | 9,000 | 19,000 | 33,000 |
| Noninterest expense | 383,000 | 760,000 | 1,155,000 | 1,569,000 |
| Provision for loan losses | 71,000 | 102,000 | 156,000 | 210,000 |
| Pretax income | -361,000 | -641,000 | -921,000 | -1,165,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -361,000 | -641,000 | -921,000 | -1,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,547,000 | 8,268,000 | 7,988,000 | 7,744,000 |
| Total capital | 8,670,000 | 8,422,000 | 8,196,000 | 8,006,000 |
| Risk-weighted assets | 13,961,000 | 17,453,000 | 23,136,000 | 26,699,000 |