Call reports 2003
ADVANTAGE COMMUNITY BANK — 2003
What ADVANTAGE COMMUNITY 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 | 37,464,000 | 43,538,000 | 53,485,000 | 63,040,000 |
| Total loans | 23,242,000 | 34,687,000 | 40,562,000 | 46,277,000 |
| Allowance for loan losses | 1,290,000 | 1,215,000 | 1,198,000 | 954,000 |
| Securities available for sale | 2,700,000 | 2,958,000 | 2,617,000 | 3,938,000 |
| Securities held to maturity | 448,000 | 416,000 | 306,000 | 306,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,371,000 | 38,408,000 | 47,933,000 | 56,889,000 |
| Interest-bearing deposits | 28,702,000 | 33,559,000 | 41,381,000 | 49,642,000 |
| Noninterest-bearing deposits | 3,669,000 | 4,849,000 | 6,552,000 | 7,247,000 |
| Equity capital | 4,888,000 | 4,964,000 | 5,290,000 | 5,851,000 |
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 | 461,000 | 1,030,000 | 1,558,000 | 2,237,000 |
| Interest expense | 202,000 | 409,000 | 642,000 | 921,000 |
| Net interest income | 259,000 | 621,000 | 916,000 | 1,316,000 |
| Noninterest income | 45,000 | 100,000 | 240,000 | 351,000 |
| Noninterest expense | 497,000 | 1,041,000 | 1,523,000 | 2,045,000 |
| Provision for loan losses | 24,000 | 27,000 | 29,000 | -219,000 |
| Pretax income | -217,000 | -347,000 | -396,000 | -159,000 |
| Income tax | 0 | 0 | 0 | -74,000 |
| Net income | -217,000 | -347,000 | -396,000 | -85,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,123,000 | 4,222,000 | 4,574,000 | 5,182,000 |
| Total capital | 4,415,000 | 4,640,000 | 5,082,000 | 5,757,000 |
| Risk-weighted assets | 22,378,000 | 32,663,000 | 39,952,000 | 45,625,000 |