Call reports 2002
CHOICE FINANCIAL GROUP — 2002
What CHOICE FINANCIAL GROUP 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 | 164,560,000 | 166,617,000 | 169,013,000 | 182,949,000 |
| Total loans | 121,844,000 | 128,916,000 | 133,243,000 | 143,199,000 |
| Allowance for loan losses | 2,138,000 | 2,153,000 | 2,271,000 | 2,305,000 |
| Securities available for sale | 25,253,000 | 22,622,000 | 21,408,000 | 19,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,488,000 | 133,045,000 | 140,347,000 | 154,415,000 |
| Interest-bearing deposits | 118,650,000 | 115,405,000 | 123,255,000 | 127,974,000 |
| Noninterest-bearing deposits | 20,838,000 | 17,640,000 | 17,092,000 | 26,441,000 |
| Equity capital | 14,815,000 | 15,402,000 | 15,996,000 | 14,633,000 |
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 | 2,786,000 | 5,607,000 | 8,469,000 | 11,284,000 |
| Interest expense | 1,107,000 | 2,066,000 | 3,063,000 | 4,002,000 |
| Net interest income | 1,679,000 | 3,541,000 | 5,406,000 | 7,282,000 |
| Noninterest income | 447,000 | 1,138,000 | 1,777,000 | 2,513,000 |
| Noninterest expense | 1,575,000 | 3,265,000 | 4,724,000 | 6,244,000 |
| Provision for loan losses | 63,000 | 125,000 | 188,000 | 750,000 |
| Pretax income | 489,000 | 1,290,000 | 2,346,000 | 2,874,000 |
| Income tax | 175,000 | 450,000 | 823,000 | 1,032,000 |
| Net income | 314,000 | 840,000 | 1,523,000 | 1,842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,519,000 | 13,990,000 | 14,680,000 | 13,348,000 |
| Total capital | 15,196,000 | 15,710,000 | 16,424,000 | 15,240,000 |
| Risk-weighted assets | 133,709,000 | 137,203,000 | 138,986,000 | 150,938,000 |