Call reports 2002
MUNFORD UNION BANK, THE — 2002
What MUNFORD UNION BANK, THE 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 | 115,303,000 | 127,364,000 | 142,711,000 | 148,449,000 |
| Total loans | 68,902,000 | 72,049,000 | 75,800,000 | 78,703,000 |
| Allowance for loan losses | 863,000 | 983,000 | 1,031,000 | 1,050,000 |
| Securities available for sale | 1,996,000 | 33,918,000 | 35,432,000 | 38,930,000 |
| Securities held to maturity | 29,568,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,401,000 | 101,344,000 | 111,059,000 | 117,293,000 |
| Interest-bearing deposits | 87,815,000 | 89,189,000 | 97,432,000 | 104,405,000 |
| Noninterest-bearing deposits | 12,586,000 | 12,155,000 | 13,627,000 | 12,888,000 |
| Equity capital | 9,965,000 | 19,963,000 | 20,656,000 | 20,518,000 |
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 | 1,843,000 | 594,000 | 2,468,000 | 4,380,000 |
| Interest expense | 827,000 | 228,000 | 926,000 | 1,705,000 |
| Net interest income | 1,016,000 | 366,000 | 1,542,000 | 2,675,000 |
| Noninterest income | 228,000 | 71,000 | 333,000 | 581,000 |
| Noninterest expense | 761,000 | 247,000 | 1,016,000 | 1,817,000 |
| Provision for loan losses | 1,000 | 15,000 | 64,000 | 87,000 |
| Pretax income | 495,000 | 175,000 | 822,000 | 1,379,000 |
| Income tax | 33,000 | 70,000 | 275,000 | 397,000 |
| Net income | 462,000 | 105,000 | 547,000 | 982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,946,000 | 9,857,000 | 9,923,000 | 10,158,000 |
| Total capital | 10,809,000 | 10,840,000 | 10,957,000 | 11,208,000 |
| Risk-weighted assets | 84,092,000 | 87,489,000 | 93,243,000 | 87,141,000 |