Call reports 2002
BANK OF WOLCOTT — 2002
What BANK OF WOLCOTT 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 | 59,593,000 | 60,066,000 | 60,503,000 | 63,919,000 |
| Total loans | 40,328,000 | 43,975,000 | 43,994,000 | 43,170,000 |
| Allowance for loan losses | 494,000 | 503,000 | 502,000 | 503,000 |
| Securities available for sale | 12,116,000 | 11,728,000 | 11,410,000 | 11,167,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,899,000 | 48,928,000 | 48,892,000 | 52,708,000 |
| Interest-bearing deposits | 42,125,000 | 41,940,000 | 41,376,000 | 44,757,000 |
| Noninterest-bearing deposits | 6,774,000 | 6,988,000 | 7,516,000 | 7,951,000 |
| Equity capital | 6,761,000 | 7,041,000 | 7,357,000 | 7,202,000 |
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 | 997,000 | 1,998,000 | 3,018,000 | 3,973,000 |
| Interest expense | 342,000 | 659,000 | 980,000 | 1,292,000 |
| Net interest income | 655,000 | 1,339,000 | 2,038,000 | 2,681,000 |
| Noninterest income | 97,000 | 185,000 | 272,000 | 373,000 |
| Noninterest expense | 437,000 | 924,000 | 1,348,000 | 1,908,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 80,000 |
| Pretax income | 300,000 | 570,000 | 938,000 | 1,087,000 |
| Income tax | 63,000 | 194,000 | 319,000 | 364,000 |
| Net income | 237,000 | 376,000 | 619,000 | 723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,721,000 | 6,860,000 | 7,051,000 | 6,962,000 |
| Total capital | 7,215,000 | 7,363,000 | 7,553,000 | 7,465,000 |
| Risk-weighted assets | 41,735,000 | 44,609,000 | 45,179,000 | 45,689,000 |