Call reports 2002
TRUSTATLANTIC BANK — 2002
What TRUSTATLANTIC 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 | 21,680,000 | 24,048,000 | 20,697,000 | 19,903,000 |
| Total loans | 11,195,000 | 12,936,000 | 14,073,000 | 14,398,000 |
| Allowance for loan losses | 245,000 | 248,000 | 259,000 | 261,000 |
| Securities available for sale | 6,194,000 | 5,482,000 | 4,682,000 | 2,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,613,000 | 20,087,000 | 16,740,000 | 16,084,000 |
| Interest-bearing deposits | 16,435,000 | 18,612,000 | 15,181,000 | 14,299,000 |
| Noninterest-bearing deposits | 1,178,000 | 1,475,000 | 1,559,000 | 1,785,000 |
| Equity capital | 3,745,000 | 3,660,000 | 3,695,000 | 3,587,000 |
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 | 355,000 | 714,000 | 1,083,000 | 1,452,000 |
| Interest expense | 241,000 | 481,000 | 664,000 | 808,000 |
| Net interest income | 114,000 | 233,000 | 419,000 | 644,000 |
| Noninterest income | 41,000 | 79,000 | 213,000 | 261,000 |
| Noninterest expense | 282,000 | 556,000 | 821,000 | 1,166,000 |
| Provision for loan losses | 6,000 | 9,000 | 20,000 | 22,000 |
| Pretax income | -133,000 | -253,000 | -209,000 | -283,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -133,000 | -253,000 | -209,000 | -283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,635,000 | 3,516,000 | 3,559,000 | 3,486,000 |
| Total capital | 3,795,000 | 3,695,000 | 3,738,000 | 3,671,000 |
| Risk-weighted assets | 12,748,000 | 14,220,000 | 14,221,000 | 14,733,000 |