Call reports 2002
HARVARD STATE BANK — 2002
What HARVARD STATE 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 | 33,216,000 | 33,283,000 | 36,028,000 | 34,270,000 |
| Total loans | 25,625,000 | 27,023,000 | 28,922,000 | 26,701,000 |
| Allowance for loan losses | 312,000 | 306,000 | 306,000 | 291,000 |
| Securities available for sale | 2,830,000 | 2,630,000 | 2,625,000 | 2,376,000 |
| Securities held to maturity | 916,000 | 915,000 | 904,000 | 904,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,487,000 | 23,400,000 | 24,328,000 | 24,489,000 |
| Interest-bearing deposits | 21,816,000 | 21,766,000 | 22,843,000 | 22,663,000 |
| Noninterest-bearing deposits | 1,671,000 | 1,634,000 | 1,485,000 | 1,826,000 |
| Equity capital | 3,889,000 | 3,948,000 | 4,085,000 | 4,042,000 |
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 | 591,000 | 1,163,000 | 1,772,000 | 2,335,000 |
| Interest expense | 284,000 | 528,000 | 766,000 | 994,000 |
| Net interest income | 307,000 | 635,000 | 1,006,000 | 1,341,000 |
| Noninterest income | 30,000 | 55,000 | 94,000 | 142,000 |
| Noninterest expense | 190,000 | 441,000 | 652,000 | 1,030,000 |
| Provision for loan losses | 0 | 0 | 0 | 80,000 |
| Pretax income | 147,000 | 249,000 | 448,000 | 373,000 |
| Income tax | 40,000 | 83,000 | 143,000 | 108,000 |
| Net income | 107,000 | 166,000 | 305,000 | 265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,857,000 | 3,916,000 | 4,055,000 | 4,015,000 |
| Total capital | 4,169,000 | 4,222,000 | 4,361,000 | 4,306,000 |
| Risk-weighted assets | 27,038,000 | 28,229,000 | 30,497,000 | 28,502,000 |