Call reports 2003
STATE BANK OF SAUNEMIN — 2003
What STATE BANK OF SAUNEMIN 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 | 21,024,000 | 20,872,000 | 20,820,000 | 21,787,000 |
| Total loans | 9,299,000 | 10,577,000 | 11,425,000 | 11,951,000 |
| Allowance for loan losses | 186,000 | 185,000 | 183,000 | 177,000 |
| Securities available for sale | 5,633,000 | 5,746,000 | 4,799,000 | 4,844,000 |
| Securities held to maturity | 1,964,000 | 1,787,000 | 1,836,000 | 1,771,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,988,000 | 18,751,000 | 18,574,000 | 19,689,000 |
| Interest-bearing deposits | 16,291,000 | 16,614,000 | 16,405,000 | 16,942,000 |
| Noninterest-bearing deposits | 2,697,000 | 2,137,000 | 2,169,000 | 2,747,000 |
| Equity capital | 1,704,000 | 1,775,000 | 1,771,000 | 1,798,000 |
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 | 267,000 | 532,000 | 790,000 | 1,054,000 |
| Interest expense | 103,000 | 207,000 | 292,000 | 375,000 |
| Net interest income | 164,000 | 325,000 | 498,000 | 679,000 |
| Noninterest income | 25,000 | 50,000 | 77,000 | 104,000 |
| Noninterest expense | 162,000 | 296,000 | 451,000 | 620,000 |
| Provision for loan losses | 2,000 | 2,000 | 2,000 | 2,000 |
| Pretax income | 28,000 | 84,000 | 137,000 | 176,000 |
| Income tax | 7,000 | 14,000 | 21,000 | 28,000 |
| Net income | 21,000 | 70,000 | 116,000 | 148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,662,000 | 1,710,000 | 1,756,000 | 1,788,000 |
| Total capital | 1,808,000 | 1,868,000 | 1,908,000 | 1,958,000 |
| Risk-weighted assets | 11,606,000 | 12,599,000 | 12,205,000 | 13,562,000 |