Call reports 2003
PROFINIUM, INC. — 2003
What PROFINIUM, INC. 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 | 49,525,000 | 51,747,000 | 53,935,000 | 192,512,000 |
| Total loans | 42,534,000 | 44,946,000 | 46,695,000 | 141,448,000 |
| Allowance for loan losses | 589,000 | 612,000 | 571,000 | 2,063,000 |
| Securities available for sale | 2,763,000 | 2,417,000 | 2,288,000 | 23,105,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,402,000 | 46,525,000 | 47,735,000 | 161,708,000 |
| Interest-bearing deposits | 38,383,000 | 40,529,000 | 41,939,000 | 139,453,000 |
| Noninterest-bearing deposits | 5,019,000 | 5,996,000 | 5,796,000 | 22,255,000 |
| Equity capital | 4,714,000 | 4,787,000 | 5,006,000 | 23,429,000 |
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 | 834,000 | 1,675,000 | 2,547,000 | 11,250,000 |
| Interest expense | 283,000 | 555,000 | 821,000 | 3,531,000 |
| Net interest income | 551,000 | 1,120,000 | 1,726,000 | 7,719,000 |
| Noninterest income | 58,000 | 107,000 | 235,000 | 1,020,000 |
| Noninterest expense | 349,000 | 764,000 | 1,147,000 | 5,368,000 |
| Provision for loan losses | 40,000 | 70,000 | 70,000 | 200,000 |
| Pretax income | 220,000 | 393,000 | 744,000 | 3,171,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 657,000 |
| Net income | 219,000 | 392,000 | 743,000 | 2,514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,629,000 | 4,712,000 | 4,946,000 | 19,118,000 |
| Total capital | 5,172,000 | 5,290,000 | 5,517,000 | 21,076,000 |
| Risk-weighted assets | 43,356,000 | 46,221,000 | 48,771,000 | 156,565,000 |