Call reports 2002
BEACH BANK — 2002
What BEACH 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 | 61,556,000 | 91,477,000 | 106,316,000 | 114,167,000 |
| Total loans | 45,382,000 | 55,253,000 | 66,397,000 | 83,213,000 |
| Allowance for loan losses | 549,000 | 662,000 | 775,000 | 1,063,000 |
| Securities available for sale | 6,771,000 | 11,589,000 | 19,809,000 | 22,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,037,000 | 79,682,000 | 94,859,000 | 98,763,000 |
| Interest-bearing deposits | 47,834,000 | 74,160,000 | 89,454,000 | 91,736,000 |
| Noninterest-bearing deposits | 3,203,000 | 5,522,000 | 5,405,000 | 7,027,000 |
| Equity capital | 9,310,000 | 10,675,000 | 10,568,000 | 10,449,000 |
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 | 879,000 | 1,994,000 | 3,400,000 | 5,015,000 |
| Interest expense | 371,000 | 891,000 | 1,558,000 | 2,215,000 |
| Net interest income | 508,000 | 1,103,000 | 1,842,000 | 2,800,000 |
| Noninterest income | 52,000 | 114,000 | 283,000 | 364,000 |
| Noninterest expense | 592,000 | 1,467,000 | 2,433,000 | 3,429,000 |
| Provision for loan losses | 164,000 | 277,000 | 390,000 | 705,000 |
| Pretax income | -195,000 | -526,000 | -697,000 | -969,000 |
| Income tax | -76,000 | -205,000 | -272,000 | -378,000 |
| Net income | -119,000 | -321,000 | -425,000 | -591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,289,000 | 10,580,000 | 10,476,000 | 10,310,000 |
| Total capital | 9,838,000 | 11,242,000 | 11,251,000 | 11,373,000 |
| Risk-weighted assets | 50,635,000 | 67,322,000 | 74,688,000 | 85,743,000 |