Call reports 2002
MIDCAROLINA BANK — 2002
What MIDCAROLINA 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 | 137,914,000 | 148,968,000 | 161,488,000 | 169,395,000 |
| Total loans | 113,130,000 | 118,242,000 | 134,305,000 | 141,207,000 |
| Allowance for loan losses | 1,761,000 | 1,894,000 | 2,019,000 | 2,088,000 |
| Securities available for sale | 11,622,000 | 11,000,000 | 9,842,000 | 10,028,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,991,000 | 132,599,000 | 140,360,000 | 142,242,000 |
| Interest-bearing deposits | 109,467,000 | 119,874,000 | 123,144,000 | 113,218,000 |
| Noninterest-bearing deposits | 12,524,000 | 12,725,000 | 17,216,000 | 29,024,000 |
| Equity capital | 11,344,000 | 11,629,000 | 12,133,000 | 17,604,000 |
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 | 2,076,000 | 4,257,000 | 6,607,000 | 8,993,000 |
| Interest expense | 860,000 | 1,655,000 | 2,475,000 | 3,349,000 |
| Net interest income | 1,216,000 | 2,602,000 | 4,132,000 | 5,644,000 |
| Noninterest income | 352,000 | 811,000 | 1,418,000 | 2,040,000 |
| Noninterest expense | 1,173,000 | 2,534,000 | 4,002,000 | 5,398,000 |
| Provision for loan losses | 135,000 | 277,000 | 427,000 | 573,000 |
| Pretax income | 260,000 | 653,000 | 1,172,000 | 1,764,000 |
| Income tax | 66,000 | 174,000 | 322,000 | 489,000 |
| Net income | 194,000 | 479,000 | 850,000 | 1,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,256,000 | 11,554,000 | 11,980,000 | 16,615,000 |
| Total capital | 12,921,000 | 13,303,000 | 13,883,000 | 19,483,000 |
| Risk-weighted assets | 133,069,000 | 139,743,000 | 152,153,000 | 161,682,000 |