Call reports 2002
UNIVERSITY BANK — 2002
What UNIVERSITY 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 | 62,908,000 | 65,799,000 | 69,948,000 | 74,035,000 |
| Total loans | 58,226,000 | 62,349,000 | 64,472,000 | 67,649,000 |
| Allowance for loan losses | 581,000 | 626,000 | 675,000 | 670,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,615,000 | 55,095,000 | 59,666,000 | 63,553,000 |
| Interest-bearing deposits | 48,165,000 | 50,977,000 | 54,970,000 | 57,483,000 |
| Noninterest-bearing deposits | 4,450,000 | 4,118,000 | 4,696,000 | 6,070,000 |
| Equity capital | 4,965,000 | 5,160,000 | 4,863,000 | 5,050,000 |
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 | 1,145,000 | 2,344,000 | 3,599,000 | 4,882,000 |
| Interest expense | 577,000 | 1,133,000 | 1,707,000 | 2,269,000 |
| Net interest income | 568,000 | 1,211,000 | 1,892,000 | 2,613,000 |
| Noninterest income | 83,000 | 178,000 | 268,000 | 382,000 |
| Noninterest expense | 352,000 | 727,000 | 1,124,000 | 1,584,000 |
| Provision for loan losses | 17,000 | 72,000 | 126,000 | 204,000 |
| Pretax income | 282,000 | 590,000 | 910,000 | 1,207,000 |
| Income tax | 103,000 | 216,000 | 334,000 | 443,000 |
| Net income | 179,000 | 374,000 | 576,000 | 764,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,965,000 | 5,160,000 | 4,863,000 | 5,050,000 |
| Total capital | 5,543,000 | 5,768,000 | 5,490,000 | 5,706,000 |
| Risk-weighted assets | 46,213,000 | 48,682,000 | 50,152,000 | 52,443,000 |