Call reports 2002
SOUTHERN PACIFIC BANK — 2002
What SOUTHERN PACIFIC 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 | 1,324,870,000 | 1,141,977,000 | 1,095,022,000 | 904,294,000 |
| Total loans | 1,136,601,000 | 1,043,787,000 | 980,657,000 | 723,817,000 |
| Allowance for loan losses | 71,577,000 | 70,470,000 | 52,025,000 | 39,981,000 |
| Securities available for sale | 63,016,000 | 35,519,000 | 31,409,000 | 85,109,000 |
| Securities held to maturity | 0 | 0 | 0 | 31,497,000 |
| Trading assets | 1,948,000 | 1,779,000 | 1,132,000 | 0 |
| Total deposits | 1,177,882,000 | 990,121,000 | 1,003,935,000 | 864,160,000 |
| Interest-bearing deposits | 1,176,946,000 | 988,765,000 | 1,002,819,000 | 863,450,000 |
| Noninterest-bearing deposits | 936,000 | 1,356,000 | 1,116,000 | 710,000 |
| Equity capital | 62,870,000 | 58,105,000 | 45,235,000 | 35,155,000 |
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 | 24,516,000 | 46,497,000 | 66,451,000 | 82,005,000 |
| Interest expense | 12,775,000 | 23,302,000 | 32,051,000 | 39,850,000 |
| Net interest income | 11,741,000 | 23,195,000 | 34,400,000 | 42,155,000 |
| Noninterest income | 2,499,000 | 4,167,000 | 5,499,000 | 7,765,000 |
| Noninterest expense | 12,565,000 | 24,626,000 | 34,149,000 | 43,671,000 |
| Provision for loan losses | 28,200,000 | 34,192,000 | 55,302,000 | 65,602,000 |
| Pretax income | -26,201,000 | -31,061,000 | -49,157,000 | -58,892,000 |
| Income tax | -13,510,000 | -13,510,000 | -13,510,000 | -13,636,000 |
| Net income | -12,691,000 | -17,551,000 | -35,647,000 | -45,256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,015,000 | 53,155,000 | 40,059,000 | 30,450,000 |
| Total capital | 73,302,000 | 67,243,000 | 52,900,000 | 39,638,000 |
| Risk-weighted assets | 1,165,739,000 | 1,070,235,000 | 987,785,000 | 703,922,000 |