Call reports 2003
HIGHLANDS INDEPENDENT BANK — 2003
What HIGHLANDS INDEPENDENT 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 | 161,544,000 | 169,080,000 | 175,519,000 | 183,251,000 |
| Total loans | 91,187,000 | 98,865,000 | 111,414,000 | 122,421,000 |
| Allowance for loan losses | 896,000 | 954,000 | 1,008,000 | 1,052,000 |
| Securities available for sale | 35,721,000 | 32,433,000 | 30,727,000 | 33,600,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,350,000 | 156,670,000 | 162,943,000 | 170,420,000 |
| Interest-bearing deposits | 115,759,000 | 119,854,000 | 126,195,000 | 129,427,000 |
| Noninterest-bearing deposits | 33,591,000 | 36,816,000 | 36,748,000 | 40,993,000 |
| Equity capital | 11,231,000 | 11,493,000 | 11,666,000 | 11,911,000 |
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 | 2,024,000 | 4,032,000 | 6,034,000 | 8,186,000 |
| Interest expense | 548,000 | 1,092,000 | 1,580,000 | 2,066,000 |
| Net interest income | 1,476,000 | 2,940,000 | 4,454,000 | 6,120,000 |
| Noninterest income | 423,000 | 883,000 | 1,357,000 | 1,895,000 |
| Noninterest expense | 1,300,000 | 2,629,000 | 3,983,000 | 5,374,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 539,000 | 1,074,000 | 1,665,000 | 2,436,000 |
| Income tax | 198,000 | 394,000 | 607,000 | 882,000 |
| Net income | 341,000 | 680,000 | 1,058,000 | 1,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,932,000 | 11,271,000 | 11,529,000 | 11,785,000 |
| Total capital | 11,828,000 | 12,225,000 | 12,537,000 | 12,837,000 |
| Risk-weighted assets | 111,454,000 | 111,112,000 | 122,182,000 | 128,917,000 |