Call reports 2003
BIPPUS STATE BANK, THE — 2003
What BIPPUS STATE 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 | 82,714,000 | 84,884,000 | 83,139,000 | 84,952,000 |
| Total loans | 47,031,000 | 49,699,000 | 52,421,000 | 55,234,000 |
| Allowance for loan losses | 494,000 | 506,000 | 524,000 | 478,000 |
| Securities available for sale | 27,057,000 | 26,095,000 | 23,758,000 | 22,741,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,607,000 | 68,986,000 | 67,192,000 | 68,219,000 |
| Interest-bearing deposits | 61,144,000 | 62,967,000 | 60,847,000 | 62,012,000 |
| Noninterest-bearing deposits | 5,463,000 | 6,019,000 | 6,345,000 | 6,207,000 |
| Equity capital | 7,086,000 | 7,297,000 | 7,131,000 | 7,323,000 |
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 | 1,049,000 | 2,067,000 | 3,067,000 | 4,105,000 |
| Interest expense | 455,000 | 902,000 | 1,317,000 | 1,712,000 |
| Net interest income | 594,000 | 1,165,000 | 1,750,000 | 2,393,000 |
| Noninterest income | 154,000 | 367,000 | 573,000 | 745,000 |
| Noninterest expense | 639,000 | 1,285,000 | 1,944,000 | 2,621,000 |
| Provision for loan losses | 19,000 | 39,000 | 59,000 | 78,000 |
| Pretax income | 97,000 | 478,000 | 622,000 | 794,000 |
| Income tax | 15,000 | 88,000 | 95,000 | 117,000 |
| Net income | 82,000 | 390,000 | 527,000 | 677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,686,000 | 6,895,000 | 7,000,000 | 7,131,000 |
| Total capital | 7,180,000 | 7,401,000 | 7,524,000 | 7,609,000 |
| Risk-weighted assets | 53,538,000 | 58,991,000 | 59,489,000 | 61,664,000 |