Call reports 2002
FRIENDSHIP BANK — 2002
What FRIENDSHIP 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 | 114,669,000 | 115,806,000 | 116,112,000 | 112,523,000 |
| Total loans | 86,721,000 | 90,086,000 | 87,471,000 | 78,387,000 |
| Allowance for loan losses | 2,911,000 | 3,099,000 | 2,927,000 | 2,391,000 |
| Securities available for sale | 21,397,000 | 19,924,000 | 19,279,000 | 20,297,000 |
| Securities held to maturity | 1,356,000 | 1,037,000 | 1,010,000 | 1,066,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,116,000 | 99,901,000 | 100,179,000 | 97,654,000 |
| Interest-bearing deposits | 91,980,000 | 92,787,000 | 93,292,000 | 90,323,000 |
| Noninterest-bearing deposits | 7,136,000 | 7,114,000 | 6,887,000 | 7,331,000 |
| Equity capital | 9,443,000 | 9,651,000 | 10,046,000 | 9,458,000 |
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 | 2,200,000 | 4,148,000 | 6,300,000 | 8,045,000 |
| Interest expense | 951,000 | 1,828,000 | 2,658,000 | 3,540,000 |
| Net interest income | 1,249,000 | 2,320,000 | 3,642,000 | 4,505,000 |
| Noninterest income | 81,000 | 151,000 | 275,000 | 4,000 |
| Noninterest expense | 649,000 | 1,263,000 | 1,954,000 | 2,768,000 |
| Provision for loan losses | 1,100,000 | 1,400,000 | 2,367,000 | 2,769,000 |
| Pretax income | -407,000 | -180,000 | -381,000 | -1,009,000 |
| Income tax | 205,000 | 403,000 | -103,000 | -158,000 |
| Net income | -612,000 | -583,000 | -278,000 | -851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,369,000 | 9,400,000 | 9,708,000 | 9,152,000 |
| Total capital | 10,429,000 | 10,472,000 | 10,780,000 | 10,200,000 |
| Risk-weighted assets | 82,915,000 | 83,721,000 | 84,183,000 | 82,519,000 |