Call reports 2003
PIERCE COMMERCIAL BANK — 2003
What PIERCE COMMERCIAL 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 | 109,515,000 | 110,584,000 | 118,019,000 | 122,034,000 |
| Total loans | 87,042,000 | 89,388,000 | 96,483,000 | 99,387,000 |
| Allowance for loan losses | 1,166,000 | 1,251,000 | 1,343,000 | 1,338,000 |
| Securities available for sale | 5,176,000 | 5,147,000 | 4,105,000 | 3,077,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,932,000 | 101,296,000 | 101,454,000 | 105,398,000 |
| Interest-bearing deposits | 88,230,000 | 87,291,000 | 87,233,000 | 88,654,000 |
| Noninterest-bearing deposits | 12,702,000 | 14,005,000 | 14,221,000 | 16,744,000 |
| Equity capital | 8,261,000 | 8,699,000 | 9,141,000 | 10,304,000 |
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 | 1,558,000 | 3,196,000 | 4,886,000 | 6,516,000 |
| Interest expense | 424,000 | 816,000 | 1,133,000 | 1,498,000 |
| Net interest income | 1,134,000 | 2,380,000 | 3,753,000 | 5,018,000 |
| Noninterest income | 240,000 | 482,000 | 742,000 | 866,000 |
| Noninterest expense | 781,000 | 1,571,000 | 2,415,000 | 3,182,000 |
| Provision for loan losses | 80,000 | 170,000 | 260,000 | 449,000 |
| Pretax income | 513,000 | 1,121,000 | 1,820,000 | 2,253,000 |
| Income tax | 160,000 | 328,000 | 550,000 | 205,000 |
| Net income | 353,000 | 793,000 | 1,270,000 | 2,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,211,000 | 8,603,000 | 9,081,000 | 10,258,000 |
| Total capital | 9,302,000 | 9,725,000 | 10,267,000 | 11,463,000 |
| Risk-weighted assets | 87,232,000 | 89,606,000 | 94,685,000 | 96,267,000 |