Call reports 2002
1ST CONSTITUTION BANK — 2002
What 1ST CONSTITUTION 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 | 217,894,000 | 235,286,000 | 259,223,000 | 268,567,000 |
| Total loans | 132,107,000 | 131,968,000 | 145,290,000 | 162,196,000 |
| Allowance for loan losses | 1,488,000 | 1,548,000 | 1,607,000 | 1,670,000 |
| Securities available for sale | 62,356,000 | 74,622,000 | 79,822,000 | 80,853,000 |
| Securities held to maturity | 5,585,000 | 5,278,000 | 5,367,000 | 7,172,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,224,000 | 188,873,000 | 210,158,000 | 218,995,000 |
| Interest-bearing deposits | 145,988,000 | 148,032,000 | 171,531,000 | 179,185,000 |
| Noninterest-bearing deposits | 32,236,000 | 40,841,000 | 38,627,000 | 39,810,000 |
| Equity capital | 17,800,000 | 24,210,000 | 25,920,000 | 25,820,000 |
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 | 3,383,000 | 6,915,000 | 10,593,000 | 14,308,000 |
| Interest expense | 1,263,000 | 2,460,000 | 3,704,000 | 4,883,000 |
| Net interest income | 2,120,000 | 4,455,000 | 6,889,000 | 9,425,000 |
| Noninterest income | 491,000 | 930,000 | 1,307,000 | 1,823,000 |
| Noninterest expense | 1,607,000 | 3,269,000 | 4,825,000 | 6,562,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 944,000 | 1,996,000 | 3,191,000 | 4,446,000 |
| Income tax | 345,000 | 713,000 | 1,164,000 | 1,606,000 |
| Net income | 599,000 | 1,283,000 | 2,027,000 | 2,840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,052,000 | 23,611,000 | 24,344,000 | 25,004,000 |
| Total capital | 19,540,000 | 25,159,000 | 25,951,000 | 26,674,000 |
| Risk-weighted assets | 147,098,000 | 156,635,000 | 162,298,000 | 181,970,000 |