Call reports 2003
SOLVAY BANK — 2003
What SOLVAY 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 | 419,458,000 | 428,955,000 | 436,770,000 | 435,050,000 |
| Total loans | 289,194,000 | 296,508,000 | 296,611,000 | 297,121,000 |
| Allowance for loan losses | 7,119,000 | 6,976,000 | 7,136,000 | 6,648,000 |
| Securities available for sale | 41,446,000 | 43,969,000 | 51,929,000 | 58,716,000 |
| Securities held to maturity | 27,365,000 | 27,799,000 | 28,768,000 | 27,026,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 382,435,000 | 391,542,000 | 398,634,000 | 396,174,000 |
| Interest-bearing deposits | 330,652,000 | 334,573,000 | 339,814,000 | 328,060,000 |
| Noninterest-bearing deposits | 51,783,000 | 56,969,000 | 58,820,000 | 68,114,000 |
| Equity capital | 34,439,000 | 35,455,000 | 36,148,000 | 36,890,000 |
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 | 5,632,000 | 11,307,000 | 16,818,000 | 22,296,000 |
| Interest expense | 1,767,000 | 3,510,000 | 5,166,000 | 6,715,000 |
| Net interest income | 3,865,000 | 7,797,000 | 11,652,000 | 15,581,000 |
| Noninterest income | 491,000 | 1,141,000 | 1,652,000 | 2,196,000 |
| Noninterest expense | 2,390,000 | 4,859,000 | 7,267,000 | 9,780,000 |
| Provision for loan losses | 255,000 | 510,000 | 765,000 | 1,000,000 |
| Pretax income | 1,712,000 | 3,568,000 | 5,274,000 | 6,999,000 |
| Income tax | 575,000 | 1,207,000 | 1,786,000 | 2,303,000 |
| Net income | 1,137,000 | 2,361,000 | 3,488,000 | 4,696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,833,000 | 34,822,000 | 35,670,000 | 36,518,000 |
| Total capital | 36,903,000 | 37,946,000 | 38,818,000 | 39,653,000 |
| Risk-weighted assets | 241,700,000 | 246,223,000 | 247,978,000 | 247,312,000 |