Call reports 2003
RELIANCE BANK — 2003
What RELIANCE 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 | 27,536,000 | 30,408,000 | 31,375,000 | 28,637,000 |
| Total loans | 17,306,000 | 17,887,000 | 22,745,000 | 22,599,000 |
| Allowance for loan losses | 1,045,000 | 624,000 | 624,000 | 579,000 |
| Securities available for sale | 8,956,000 | 8,880,000 | 2,672,000 | 2,352,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,048,000 | 29,527,000 | 29,454,000 | 27,881,000 |
| Interest-bearing deposits | 21,859,000 | 27,525,000 | 26,497,000 | 24,960,000 |
| Noninterest-bearing deposits | 4,189,000 | 2,002,000 | 2,957,000 | 2,921,000 |
| Equity capital | 1,347,000 | 732,000 | 1,834,000 | 675,000 |
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 | 299,000 | 590,000 | 905,000 | 1,254,000 |
| Interest expense | 128,000 | 263,000 | 404,000 | 530,000 |
| Net interest income | 171,000 | 327,000 | 501,000 | 724,000 |
| Noninterest income | 39,000 | 78,000 | 124,000 | 155,000 |
| Noninterest expense | 467,000 | 969,000 | 1,467,000 | 2,031,000 |
| Provision for loan losses | 0 | 334,000 | 334,000 | 1,184,000 |
| Pretax income | -257,000 | -898,000 | -1,118,000 | -2,278,000 |
| Income tax | 0 | 1,000 | 1,000 | 3,000 |
| Net income | -257,000 | -907,000 | -1,127,000 | -2,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,229,000 | 580,000 | 1,859,000 | 698,000 |
| Total capital | 1,421,000 | 778,000 | 2,075,000 | 890,000 |
| Risk-weighted assets | 14,561,000 | 15,437,000 | 16,791,000 | 15,039,000 |