Call reports 2002
FIRSTBANK — 2002
What FIRSTBANK 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 | 175,257,000 | 181,024,000 | 174,114,000 | 184,789,000 |
| Total loans | 62,445,000 | 67,559,000 | 66,180,000 | 62,707,000 |
| Allowance for loan losses | 820,000 | 962,000 | 949,000 | 1,119,000 |
| Securities available for sale | 75,888,000 | 72,626,000 | 68,110,000 | 78,899,000 |
| Securities held to maturity | 22,762,000 | 23,071,000 | 23,405,000 | 24,539,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,285,000 | 166,825,000 | 155,233,000 | 169,807,000 |
| Interest-bearing deposits | 118,459,000 | 128,261,000 | 118,226,000 | 129,772,000 |
| Noninterest-bearing deposits | 42,826,000 | 38,564,000 | 37,007,000 | 40,035,000 |
| Equity capital | 10,874,000 | 12,105,000 | 13,122,000 | 12,772,000 |
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 | 2,577,000 | 5,135,000 | 7,822,000 | 10,282,000 |
| Interest expense | 559,000 | 1,099,000 | 1,632,000 | 2,166,000 |
| Net interest income | 2,018,000 | 4,036,000 | 6,190,000 | 8,116,000 |
| Noninterest income | 450,000 | 900,000 | 1,376,000 | 1,906,000 |
| Noninterest expense | 1,326,000 | 2,513,000 | 3,795,000 | 5,093,000 |
| Provision for loan losses | -126,000 | 105,000 | 78,000 | 261,000 |
| Pretax income | 1,268,000 | 2,318,000 | 3,693,000 | 4,668,000 |
| Income tax | 387,000 | 661,000 | 1,053,000 | 1,270,000 |
| Net income | 881,000 | 1,657,000 | 2,640,000 | 3,398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,517,000 | 10,593,000 | 11,076,000 | 11,334,000 |
| Total capital | 11,337,000 | 11,555,000 | 12,025,000 | 12,390,000 |
| Risk-weighted assets | 84,410,000 | 87,541,000 | 84,960,000 | 84,455,000 |