Call reports 2002
CLARE BANK, NATIONAL ASSOCIATION — 2002
What CLARE BANK, NATIONAL ASSOCIATION 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 | 160,760,000 | 165,704,000 | 168,397,000 | 172,906,000 |
| Total loans | 97,668,000 | 99,131,000 | 99,519,000 | 98,869,000 |
| Allowance for loan losses | 809,000 | 810,000 | 753,000 | 789,000 |
| Securities available for sale | 55,692,000 | 55,880,000 | 60,014,000 | 60,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,608,000 | 149,235,000 | 147,550,000 | 152,757,000 |
| Interest-bearing deposits | 131,845,000 | 135,275,000 | 131,992,000 | 134,693,000 |
| Noninterest-bearing deposits | 12,763,000 | 13,960,000 | 15,558,000 | 18,064,000 |
| Equity capital | 11,884,000 | 12,643,000 | 13,359,000 | 13,478,000 |
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 | 2,335,000 | 4,714,000 | 7,162,000 | 9,519,000 |
| Interest expense | 1,230,000 | 2,409,000 | 3,527,000 | 4,558,000 |
| Net interest income | 1,105,000 | 2,305,000 | 3,635,000 | 4,961,000 |
| Noninterest income | 104,000 | 214,000 | 323,000 | 480,000 |
| Noninterest expense | 687,000 | 1,378,000 | 2,047,000 | 2,737,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 522,000 | 1,141,000 | 1,911,000 | 2,654,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 522,000 | 1,141,000 | 1,911,000 | 2,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,323,000 | 11,421,000 | 11,511,000 | 11,681,000 |
| Total capital | 12,132,000 | 12,231,000 | 12,264,000 | 12,470,000 |
| Risk-weighted assets | 78,552,000 | 80,233,000 | 80,926,000 | 80,723,000 |