Call reports 2002
FIRST NATIONAL BANK OF LUVERNE — 2002
What FIRST NATIONAL BANK OF LUVERNE 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 | 28,373,000 | 27,896,000 | 25,508,000 | 26,248,000 |
| Total loans | 18,854,000 | 18,083,000 | 17,901,000 | 19,944,000 |
| Allowance for loan losses | 223,000 | 223,000 | 202,000 | 204,000 |
| Securities available for sale | 7,377,000 | 7,404,000 | 2,395,000 | 2,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,237,000 | 23,039,000 | 21,715,000 | 22,386,000 |
| Interest-bearing deposits | 21,833,000 | 20,564,000 | 18,812,000 | 19,880,000 |
| Noninterest-bearing deposits | 2,404,000 | 2,475,000 | 2,904,000 | 2,506,000 |
| Equity capital | 3,612,000 | 3,580,000 | 3,629,000 | 3,676,000 |
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 | 442,000 | 867,000 | 1,288,000 | 1,692,000 |
| Interest expense | 209,000 | 396,000 | 555,000 | 705,000 |
| Net interest income | 233,000 | 471,000 | 733,000 | 987,000 |
| Noninterest income | 39,000 | 74,000 | 126,000 | 184,000 |
| Noninterest expense | 228,000 | 459,000 | 701,000 | 939,000 |
| Provision for loan losses | 0 | 0 | 3,000 | 10,000 |
| Pretax income | 44,000 | 86,000 | 155,000 | 222,000 |
| Income tax | 16,000 | 32,000 | 48,000 | 61,000 |
| Net income | 28,000 | 54,000 | 107,000 | 161,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,602,000 | 3,553,000 | 3,607,000 | 3,661,000 |
| Total capital | 3,825,000 | 3,776,000 | 3,809,000 | 3,865,000 |
| Risk-weighted assets | 20,115,000 | 19,468,000 | 18,858,000 | 20,645,000 |