Call reports 2001
CHOICE FINANCIAL GROUP — 2001
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 42,187,000 | 42,993,000 | 44,520,000 | 175,760,000 |
| Total loans | 29,412,000 | 30,861,000 | 32,702,000 | 124,660,000 |
| Allowance for loan losses | 376,000 | 390,000 | 400,000 | 2,049,000 |
| Securities available for sale | 9,085,000 | 7,923,000 | 6,994,000 | 29,262,000 |
| Securities held to maturity | 241,000 | 241,000 | 233,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,692,000 | 34,114,000 | 36,342,000 | 147,241,000 |
| Interest-bearing deposits | 30,659,000 | 29,600,000 | 33,072,000 | 122,559,000 |
| Noninterest-bearing deposits | 3,033,000 | 4,514,000 | 3,270,000 | 24,682,000 |
| Equity capital | 3,871,000 | 3,934,000 | 4,042,000 | 14,720,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 838,000 | 1,664,000 | 2,536,000 | 12,669,000 |
| Interest expense | 491,000 | 927,000 | 1,344,000 | 6,302,000 |
| Net interest income | 347,000 | 737,000 | 1,192,000 | 6,367,000 |
| Noninterest income | 136,000 | 306,000 | 339,000 | 1,495,000 |
| Noninterest expense | 330,000 | 675,000 | 1,047,000 | 5,558,000 |
| Provision for loan losses | 0 | 15,000 | 30,000 | 249,000 |
| Pretax income | 153,000 | 353,000 | 454,000 | 2,069,000 |
| Income tax | 52,000 | 120,000 | 154,000 | 448,000 |
| Net income | 101,000 | 233,000 | 300,000 | 1,621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,775,000 | 3,743,000 | 3,814,000 | 13,399,000 |
| Total capital | 4,151,000 | 4,133,000 | 4,214,000 | 15,177,000 |
| Risk-weighted assets | 31,933,000 | 33,403,000 | 35,225,000 | 141,954,000 |