Call reports 2002
BETTER BANKS — 2002
What BETTER BANKS 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 | 44,583,000 | 45,303,000 | 45,501,000 | 45,359,000 |
| Total loans | 21,275,000 | 21,751,000 | 21,683,000 | 22,399,000 |
| Allowance for loan losses | 227,000 | 232,000 | 235,000 | 222,000 |
| Securities available for sale | 13,534,000 | 13,403,000 | 15,372,000 | 16,130,000 |
| Securities held to maturity | 948,000 | 930,000 | 873,000 | 456,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,306,000 | 40,842,000 | 40,792,000 | 40,643,000 |
| Interest-bearing deposits | 35,563,000 | 35,192,000 | 34,685,000 | 35,279,000 |
| Noninterest-bearing deposits | 4,743,000 | 5,650,000 | 6,107,000 | 5,364,000 |
| Equity capital | 3,942,000 | 4,118,000 | 4,296,000 | 4,225,000 |
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 | 622,000 | 1,234,000 | 1,836,000 | 2,442,000 |
| Interest expense | 195,000 | 382,000 | 557,000 | 710,000 |
| Net interest income | 427,000 | 852,000 | 1,279,000 | 1,732,000 |
| Noninterest income | 54,000 | 133,000 | 207,000 | 311,000 |
| Noninterest expense | 305,000 | 624,000 | 944,000 | 1,368,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 7,000 |
| Pretax income | 170,000 | 349,000 | 524,000 | 668,000 |
| Income tax | 52,000 | 110,000 | 164,000 | 211,000 |
| Net income | 118,000 | 239,000 | 360,000 | 457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,711,000 | 3,832,000 | 3,953,000 | 3,900,000 |
| Total capital | 3,938,000 | 4,064,000 | 4,188,000 | 4,122,000 |
| Risk-weighted assets | 19,381,000 | 19,529,000 | 19,508,000 | 19,829,000 |