Call reports 2002
RURAL AMERICAN BANK - HECTOR/FAIRFAX — 2002
What RURAL AMERICAN BANK - HECTOR/FAIRFAX reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 61,860,000 | 60,568,000 | 61,935,000 | 65,059,000 |
| Total loans | 34,523,000 | 35,764,000 | 36,515,000 | 36,511,000 |
| Allowance for loan losses | 397,000 | 397,000 | 397,000 | 397,000 |
| Securities available for sale | 14,537,000 | 15,260,000 | 15,704,000 | 15,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,918,000 | 50,217,000 | 51,447,000 | 53,743,000 |
| Interest-bearing deposits | 43,749,000 | 42,599,000 | 42,592,000 | 43,406,000 |
| Noninterest-bearing deposits | 8,169,000 | 7,618,000 | 8,855,000 | 10,337,000 |
| Equity capital | 8,411,000 | 8,623,000 | 8,977,000 | 9,194,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 853,000 | 1,704,000 | 2,559,000 | 3,411,000 |
| Interest expense | 339,000 | 639,000 | 916,000 | 1,164,000 |
| Net interest income | 514,000 | 1,065,000 | 1,643,000 | 2,247,000 |
| Noninterest income | 75,000 | 145,000 | 226,000 | 297,000 |
| Noninterest expense | 357,000 | 712,000 | 1,055,000 | 1,375,000 |
| Provision for loan losses | 0 | -30,000 | -30,000 | -30,000 |
| Pretax income | 233,000 | 529,000 | 846,000 | 1,245,000 |
| Income tax | 70,000 | 169,000 | 278,000 | 420,000 |
| Net income | 163,000 | 360,000 | 568,000 | 825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,428,000 | 4,625,000 | 4,833,000 | 5,090,000 |
| Total capital | 4,825,000 | 5,022,000 | 5,230,000 | 5,487,000 |
| Risk-weighted assets | 41,698,000 | 42,504,000 | 43,117,000 | 44,479,000 |