Call reports 2003
VICTORY STATE BANK — 2003
What VICTORY 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 | 162,820,000 | 175,919,000 | 191,575,000 | 185,489,000 |
| Total loans | 63,725,000 | 68,946,000 | 71,274,000 | 67,981,000 |
| Allowance for loan losses | 1,169,000 | 1,247,000 | 1,117,000 | 1,163,000 |
| Securities available for sale | 54,898,000 | 59,172,000 | 74,823,000 | 83,172,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,522,000 | 164,295,000 | 175,387,000 | 168,951,000 |
| Interest-bearing deposits | 87,294,000 | 97,681,000 | 94,117,000 | 90,019,000 |
| Noninterest-bearing deposits | 64,228,000 | 66,614,000 | 81,270,000 | 78,932,000 |
| Equity capital | 9,838,000 | 10,151,000 | 14,723,000 | 14,961,000 |
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 | 1,729,000 | 3,574,000 | 5,500,000 | 7,687,000 |
| Interest expense | 219,000 | 428,000 | 614,000 | 789,000 |
| Net interest income | 1,510,000 | 3,146,000 | 4,886,000 | 6,898,000 |
| Noninterest income | 348,000 | 686,000 | 1,056,000 | 1,489,000 |
| Noninterest expense | 1,318,000 | 2,599,000 | 3,893,000 | 5,196,000 |
| Provision for loan losses | 40,000 | 70,000 | 120,000 | 205,000 |
| Pretax income | 500,000 | 1,163,000 | 1,929,000 | 2,986,000 |
| Income tax | 234,000 | 542,000 | 898,000 | 1,391,000 |
| Net income | 266,000 | 621,000 | 1,031,000 | 1,595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,602,000 | 9,957,000 | 14,567,000 | 15,131,000 |
| Total capital | 10,647,000 | 11,092,000 | 15,684,000 | 16,279,000 |
| Risk-weighted assets | 83,448,000 | 90,679,000 | 93,902,000 | 91,808,000 |