Call reports 2003
LORRAINE STATE BANK — 2003
What LORRAINE 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 | 12,752,000 | 12,859,000 | 12,630,000 | 13,110,000 |
| Total loans | 7,848,000 | 8,198,000 | 7,937,000 | 7,894,000 |
| Allowance for loan losses | 90,000 | 91,000 | 91,000 | 87,000 |
| Securities available for sale | 2,704,000 | 2,724,000 | 2,442,000 | 3,037,000 |
| Securities held to maturity | 847,000 | 847,000 | 1,098,000 | 1,048,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,181,000 | 11,207,000 | 11,006,000 | 11,555,000 |
| Interest-bearing deposits | 9,524,000 | 9,356,000 | 9,410,000 | 9,421,000 |
| Noninterest-bearing deposits | 1,657,000 | 1,851,000 | 1,596,000 | 2,134,000 |
| Equity capital | 1,523,000 | 1,572,000 | 1,584,000 | 1,505,000 |
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 | 170,000 | 353,000 | 527,000 | 698,000 |
| Interest expense | 42,000 | 80,000 | 122,000 | 162,000 |
| Net interest income | 128,000 | 273,000 | 405,000 | 536,000 |
| Noninterest income | 7,000 | 15,000 | 25,000 | 34,000 |
| Noninterest expense | 83,000 | 171,000 | 267,000 | 373,000 |
| Provision for loan losses | 0 | 2,000 | 14,000 | 15,000 |
| Pretax income | 52,000 | 115,000 | 149,000 | 182,000 |
| Income tax | 12,000 | 36,000 | 43,000 | 43,000 |
| Net income | 40,000 | 79,000 | 106,000 | 139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,495,000 | 1,533,000 | 1,560,000 | 1,483,000 |
| Total capital | 1,585,000 | 1,624,000 | 1,651,000 | 1,570,000 |
| Risk-weighted assets | 9,022,000 | 9,348,000 | 9,183,000 | 9,146,000 |