Call reports 2002
FIRST INDEPENDENT BANK — 2002
What FIRST INDEPENDENT BANK 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 | 99,443,000 | 101,165,000 | 105,705,000 | 116,067,000 |
| Total loans | 68,015,000 | 75,352,000 | 79,485,000 | 85,426,000 |
| Allowance for loan losses | 706,000 | 782,000 | 1,021,000 | 1,140,000 |
| Securities available for sale | 18,096,000 | 17,090,000 | 11,526,000 | 12,663,000 |
| Securities held to maturity | 2,044,000 | 2,040,000 | 2,035,000 | 2,030,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,454,000 | 83,535,000 | 87,717,000 | 97,707,000 |
| Interest-bearing deposits | 75,914,000 | 76,856,000 | 80,877,000 | 89,971,000 |
| Noninterest-bearing deposits | 7,540,000 | 6,679,000 | 6,840,000 | 7,736,000 |
| Equity capital | 8,678,000 | 9,143,000 | 9,613,000 | 9,951,000 |
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 | 1,592,000 | 3,513,000 | 5,535,000 | 7,265,000 |
| Interest expense | 706,000 | 1,526,000 | 2,331,000 | 3,174,000 |
| Net interest income | 886,000 | 1,987,000 | 3,204,000 | 4,091,000 |
| Noninterest income | 94,000 | 202,000 | 311,000 | 755,000 |
| Noninterest expense | 366,000 | 919,000 | 1,393,000 | 2,056,000 |
| Provision for loan losses | 90,000 | 180,000 | 420,000 | 600,000 |
| Pretax income | 524,000 | 1,134,000 | 1,796,000 | 2,284,000 |
| Income tax | 202,000 | 435,000 | 693,000 | 884,000 |
| Net income | 322,000 | 699,000 | 1,103,000 | 1,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,843,000 | 7,239,000 | 7,668,000 | 7,990,000 |
| Total capital | 7,549,000 | 8,021,000 | 8,655,000 | 9,034,000 |
| Risk-weighted assets | 67,772,000 | 73,692,000 | 78,920,000 | 83,424,000 |