Call reports 2003
COMMUNITY FIRSTBANK OF CHARLESTON — 2003
What COMMUNITY FIRSTBANK OF CHARLESTON 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 | 213,457,000 | 239,154,000 | 232,389,000 | 245,660,000 |
| Total loans | 189,201,000 | 208,060,000 | 197,673,000 | 207,238,000 |
| Allowance for loan losses | 2,161,000 | 2,302,000 | 2,442,000 | 2,512,000 |
| Securities available for sale | 4,100,000 | 14,265,000 | 19,601,000 | 19,479,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,687,000 | 175,476,000 | 176,512,000 | 171,201,000 |
| Interest-bearing deposits | 161,844,000 | 159,687,000 | 161,875,000 | 150,444,000 |
| Noninterest-bearing deposits | 14,843,000 | 15,789,000 | 14,637,000 | 20,757,000 |
| Equity capital | 15,741,000 | 16,175,000 | 17,768,000 | 18,288,000 |
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 | 2,707,000 | 5,597,000 | 8,634,000 | 11,484,000 |
| Interest expense | 1,110,000 | 2,242,000 | 3,284,000 | 4,239,000 |
| Net interest income | 1,597,000 | 3,355,000 | 5,350,000 | 7,245,000 |
| Noninterest income | 202,000 | 504,000 | 791,000 | 977,000 |
| Noninterest expense | 1,179,000 | 2,399,000 | 3,646,000 | 4,822,000 |
| Provision for loan losses | 150,000 | 300,000 | 440,000 | 520,000 |
| Pretax income | 470,000 | 1,160,000 | 2,055,000 | 2,880,000 |
| Income tax | 173,000 | 429,000 | 762,000 | 1,067,000 |
| Net income | 297,000 | 731,000 | 1,293,000 | 1,813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,741,000 | 16,175,000 | 17,737,000 | 18,257,000 |
| Total capital | 17,902,000 | 18,477,000 | 20,176,000 | 20,769,000 |
| Risk-weighted assets | 188,576,000 | 202,008,000 | 196,106,000 | 201,111,000 |