Call reports 2003
SOUTHLAND BUSINESS BANK — 2003
What SOUTHLAND BUSINESS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 |
|---|---|---|
| Total assets | 32,133,000 | 33,729,000 |
| Total loans | 24,832,000 | 20,774,000 |
| Allowance for loan losses | 400,000 | 400,000 |
| Securities available for sale | 1,001,000 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 29,348,000 | 31,236,000 |
| Interest-bearing deposits | 19,866,000 | 22,874,000 |
| Noninterest-bearing deposits | 9,482,000 | 8,362,000 |
| Equity capital | 2,626,000 | 2,416,000 |
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 |
|---|---|---|
| Interest income | 454,000 | 873,000 |
| Interest expense | 86,000 | 151,000 |
| Net interest income | 368,000 | 722,000 |
| Noninterest income | 65,000 | 61,000 |
| Noninterest expense | 476,000 | 1,030,000 |
| Provision for loan losses | 15,000 | 15,000 |
| Pretax income | -51,000 | -276,000 |
| Income tax | 1,000 | 1,000 |
| Net income | -52,000 | -277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 |
|---|---|---|
| Tier 1 capital | 2,641,000 | 2,416,000 |
| Total capital | 2,972,000 | 2,713,000 |
| Risk-weighted assets | 26,432,000 | 23,638,000 |