Call reports 2001
FIRST VOLUNTEER BANK OF EAST TENNESSEE — 2001
What FIRST VOLUNTEER BANK OF EAST TENNESSEE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 |
|---|---|---|
| Total assets | 104,855,000 | 104,034,000 |
| Total loans | 62,625,000 | 65,651,000 |
| Allowance for loan losses | 760,000 | 746,000 |
| Securities available for sale | 21,725,000 | 21,355,000 |
| Securities held to maturity | 1,105,000 | 1,105,000 |
| Trading assets | 0 | 0 |
| Total deposits | 94,887,000 | 93,857,000 |
| Interest-bearing deposits | 84,237,000 | 81,617,000 |
| Noninterest-bearing deposits | 10,650,000 | 12,240,000 |
| Equity capital | 8,902,000 | 9,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 |
|---|---|---|
| Interest income | 2,132,000 | 4,268,000 |
| Interest expense | 920,000 | 1,770,000 |
| Net interest income | 1,212,000 | 2,498,000 |
| Noninterest income | 282,000 | 617,000 |
| Noninterest expense | 758,000 | 1,648,000 |
| Provision for loan losses | 60,000 | 120,000 |
| Pretax income | 681,000 | 1,352,000 |
| Income tax | 262,000 | 454,000 |
| Net income | 419,000 | 898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 |
|---|---|---|
| Tier 1 capital | 8,359,000 | 8,839,000 |
| Total capital | 9,119,000 | 9,585,000 |
| Risk-weighted assets | 62,690,000 | 64,734,000 |