Call reports 2003
LIBERTY NATIONAL BANK — 2003
What LIBERTY NATIONAL 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 | 40,496,000 | 43,169,000 | 52,006,000 | 65,770,000 |
| Total loans | 19,354,000 | 27,478,000 | 32,430,000 | 35,554,000 |
| Allowance for loan losses | 185,000 | 300,000 | 345,000 | 360,000 |
| Securities available for sale | 14,662,000 | 10,703,000 | 12,593,000 | 19,052,000 |
| Securities held to maturity | 0 | 0 | 0 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,751,000 | 29,665,000 | 38,859,000 | 52,487,000 |
| Interest-bearing deposits | 23,583,000 | 26,221,000 | 32,226,000 | 41,925,000 |
| Noninterest-bearing deposits | 3,168,000 | 3,444,000 | 6,633,000 | 10,562,000 |
| Equity capital | 13,474,000 | 13,174,000 | 12,836,000 | 12,996,000 |
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 | 59,000 | 498,000 | 956,000 | 1,559,000 |
| Interest expense | 34,000 | 239,000 | 471,000 | 769,000 |
| Net interest income | 25,000 | 259,000 | 485,000 | 790,000 |
| Noninterest income | 1,000 | 25,000 | 36,000 | 80,000 |
| Noninterest expense | 45,000 | 488,000 | 1,018,000 | 1,477,000 |
| Provision for loan losses | 185,000 | 300,000 | 345,000 | 360,000 |
| Pretax income | -204,000 | -504,000 | -842,000 | -1,077,000 |
| Income tax | -81,000 | -81,000 | -81,000 | -476,000 |
| Net income | -123,000 | -423,000 | -761,000 | -601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,549,000 | 12,258,000 | 11,920,000 | 12,095,000 |
| Total capital | 12,734,000 | 12,558,000 | 12,265,000 | 12,455,000 |
| Risk-weighted assets | 35,844,000 | 39,446,000 | 46,878,000 | 58,773,000 |