Call reports 2003
COVINGTON COUNTY BANK — 2003
What COVINGTON COUNTY 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 | 54,392,000 | 53,699,000 | 56,060,000 | 55,606,000 |
| Total loans | 26,092,000 | 25,273,000 | 26,874,000 | 27,823,000 |
| Allowance for loan losses | 294,000 | 282,000 | 298,000 | 293,000 |
| Securities available for sale | 19,713,000 | 23,649,000 | 21,606,000 | 25,070,000 |
| Securities held to maturity | 761,000 | 752,000 | 146,000 | 146,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,856,000 | 47,142,000 | 49,515,000 | 49,195,000 |
| Interest-bearing deposits | 42,440,000 | 42,212,000 | 44,283,000 | 44,125,000 |
| Noninterest-bearing deposits | 5,416,000 | 4,930,000 | 5,232,000 | 5,070,000 |
| Equity capital | 5,676,000 | 5,841,000 | 5,858,000 | 5,660,000 |
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 | 666,000 | 1,328,000 | 1,983,000 | 2,671,000 |
| Interest expense | 279,000 | 531,000 | 772,000 | 998,000 |
| Net interest income | 387,000 | 797,000 | 1,211,000 | 1,673,000 |
| Noninterest income | 151,000 | 221,000 | 301,000 | 381,000 |
| Noninterest expense | 324,000 | 652,000 | 995,000 | 1,418,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 202,000 | 342,000 | 481,000 | 588,000 |
| Income tax | 59,000 | 99,000 | 127,000 | 127,000 |
| Net income | 143,000 | 243,000 | 354,000 | 461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,350,000 | 5,450,000 | 5,561,000 | 5,445,000 |
| Total capital | 5,644,000 | 5,732,000 | 5,859,000 | 5,738,000 |
| Risk-weighted assets | 36,277,000 | 34,381,000 | 35,237,000 | 34,939,000 |