Call reports 2002
AMERICAN COMMUNITY BANK — 2002
What AMERICAN COMMUNITY 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 | 35,216,000 | 39,663,000 | 42,153,000 | 44,203,000 |
| Total loans | 15,762,000 | 18,835,000 | 20,672,000 | 21,508,000 |
| Allowance for loan losses | 258,000 | 288,000 | 331,000 | 376,000 |
| Securities available for sale | 11,172,000 | 12,653,000 | 18,569,000 | 17,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,775,000 | 33,149,000 | 35,588,000 | 37,549,000 |
| Interest-bearing deposits | 23,794,000 | 27,472,000 | 29,753,000 | 30,882,000 |
| Noninterest-bearing deposits | 4,981,000 | 5,677,000 | 5,834,000 | 6,667,000 |
| Equity capital | 6,363,000 | 6,443,000 | 6,463,000 | 6,523,000 |
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 | 478,000 | 1,014,000 | 1,594,000 | 2,185,000 |
| Interest expense | 138,000 | 294,000 | 452,000 | 603,000 |
| Net interest income | 340,000 | 720,000 | 1,142,000 | 1,582,000 |
| Noninterest income | 21,000 | 45,000 | 74,000 | 95,000 |
| Noninterest expense | 372,000 | 735,000 | 1,116,000 | 1,500,000 |
| Provision for loan losses | 30,000 | 60,000 | 103,000 | 148,000 |
| Pretax income | -41,000 | -27,000 | 0 | 55,000 |
| Income tax | 2,000 | 3,000 | 4,000 | 18,000 |
| Net income | -43,000 | -30,000 | -4,000 | 37,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,357,000 | 6,371,000 | 6,392,000 | 6,185,000 |
| Total capital | 6,604,000 | 6,659,000 | 6,702,000 | 6,501,000 |
| Risk-weighted assets | 19,727,000 | 23,036,000 | 24,748,000 | 25,227,000 |