Call reports 2003
NORTH SHORE BANK OF COMMERCE — 2003
What NORTH SHORE BANK OF COMMERCE 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 | 161,866,000 | 165,616,000 | 168,527,000 | 160,731,000 |
| Total loans | 109,095,000 | 119,434,000 | 115,261,000 | 115,750,000 |
| Allowance for loan losses | 906,000 | 881,000 | 878,000 | 923,000 |
| Securities available for sale | 24,257,000 | 25,434,000 | 27,240,000 | 27,607,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,819,000 | 144,568,000 | 148,584,000 | 143,345,000 |
| Interest-bearing deposits | 100,715,000 | 101,808,000 | 104,465,000 | 102,062,000 |
| Noninterest-bearing deposits | 40,104,000 | 42,760,000 | 44,119,000 | 41,283,000 |
| Equity capital | 12,454,000 | 13,169,000 | 13,380,000 | 13,354,000 |
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 | 2,120,000 | 4,244,000 | 6,374,000 | 8,350,000 |
| Interest expense | 454,000 | 884,000 | 1,273,000 | 1,634,000 |
| Net interest income | 1,666,000 | 3,360,000 | 5,101,000 | 6,716,000 |
| Noninterest income | 1,224,000 | 3,258,000 | 4,749,000 | 5,572,000 |
| Noninterest expense | 2,119,000 | 4,712,000 | 7,101,000 | 9,414,000 |
| Provision for loan losses | 0 | 0 | 0 | 45,000 |
| Pretax income | 771,000 | 1,906,000 | 2,749,000 | 2,829,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 5,000 |
| Net income | 770,000 | 1,903,000 | 2,745,000 | 2,824,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,637,000 | 12,354,000 | 12,780,000 | 12,858,000 |
| Total capital | 12,543,000 | 13,235,000 | 13,658,000 | 13,781,000 |
| Risk-weighted assets | 102,182,000 | 110,565,000 | 111,216,000 | 110,385,000 |