Call reports 2002
MOUNTAINBANK — 2002
What MOUNTAINBANK 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 | 611,924,000 | 691,371,000 | 747,324,000 | 839,232,000 |
| Total loans | 530,794,000 | 562,744,000 | 626,172,000 | 711,978,000 |
| Allowance for loan losses | 8,295,000 | 9,117,000 | 9,903,000 | 11,192,000 |
| Securities available for sale | 37,576,000 | 50,034,000 | 79,158,000 | 73,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 511,143,000 | 585,228,000 | 634,167,000 | 683,351,000 |
| Interest-bearing deposits | 462,140,000 | 524,622,000 | 568,009,000 | 618,147,000 |
| Noninterest-bearing deposits | 49,003,000 | 60,606,000 | 66,158,000 | 65,203,000 |
| Equity capital | 51,095,000 | 55,700,000 | 58,561,000 | 64,837,000 |
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 | 10,539,000 | 21,402,000 | 33,187,000 | 46,038,000 |
| Interest expense | 4,146,000 | 8,530,000 | 13,430,000 | 18,141,000 |
| Net interest income | 6,393,000 | 12,872,000 | 19,757,000 | 27,897,000 |
| Noninterest income | 1,155,000 | 2,576,000 | 4,171,000 | 6,250,000 |
| Noninterest expense | 3,501,000 | 7,562,000 | 12,037,000 | 17,842,000 |
| Provision for loan losses | 1,300,000 | 2,250,000 | 3,400,000 | 5,300,000 |
| Pretax income | 2,992,000 | 5,885,000 | 8,732,000 | 11,270,000 |
| Income tax | 1,125,000 | 2,173,000 | 3,114,000 | 4,281,000 |
| Net income | 1,867,000 | 3,712,000 | 5,618,000 | 6,989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,494,000 | 53,043,000 | 55,960,000 | 62,094,000 |
| Total capital | 55,326,000 | 60,337,000 | 63,941,000 | 70,986,000 |
| Risk-weighted assets | 545,126,000 | 581,699,000 | 636,588,000 | 709,063,000 |