Call reports 2001
KENT COMMERCE BANK — 2001
What KENT COMMERCE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 46,372,000 | 55,170,000 | 66,707,000 | 66,870,000 |
| Total loans | 43,039,000 | 49,883,000 | 60,999,000 | 63,782,000 |
| Allowance for loan losses | 487,000 | 579,000 | 726,000 | 766,000 |
| Securities available for sale | 1,001,000 | 1,000,000 | 1,015,000 | 1,009,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,987,000 | 48,340,000 | 49,988,000 | 53,007,000 |
| Interest-bearing deposits | 36,466,000 | 43,214,000 | 44,654,000 | 47,120,000 |
| Noninterest-bearing deposits | 3,521,000 | 5,126,000 | 5,334,000 | 5,887,000 |
| Equity capital | 4,995,000 | 5,488,000 | 6,399,000 | 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 | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 956,000 | 2,019,000 | 3,226,000 | 4,457,000 |
| Interest expense | 562,000 | 1,156,000 | 1,739,000 | 2,296,000 |
| Net interest income | 394,000 | 863,000 | 1,487,000 | 2,161,000 |
| Noninterest income | 85,000 | 150,000 | 205,000 | 305,000 |
| Noninterest expense | 417,000 | 909,000 | 1,422,000 | 1,954,000 |
| Provision for loan losses | 43,000 | 136,000 | 283,000 | 323,000 |
| Pretax income | 19,000 | -32,000 | -13,000 | 189,000 |
| Income tax | 0 | -205,000 | -197,000 | 76,000 |
| Net income | 19,000 | 173,000 | 184,000 | 113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,161,000 | 4,668,000 | 5,584,000 | 5,726,000 |
| Total capital | 4,648,000 | 5,247,000 | 6,310,000 | 6,492,000 |
| Risk-weighted assets | 45,175,000 | 51,751,000 | 62,472,000 | 64,166,000 |