Call reports 2002
CUMBERLAND BANK & TRUST — 2002
What CUMBERLAND BANK & TRUST 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 | 29,671,000 | 35,774,000 | 39,421,000 | 42,957,000 |
| Total loans | 20,716,000 | 25,210,000 | 27,794,000 | 30,835,000 |
| Allowance for loan losses | 268,000 | 315,000 | 353,000 | 392,000 |
| Securities available for sale | 5,376,000 | 6,711,000 | 7,768,000 | 8,700,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,520,000 | 28,550,000 | 32,171,000 | 35,673,000 |
| Interest-bearing deposits | 20,363,000 | 26,097,000 | 29,199,000 | 32,340,000 |
| Noninterest-bearing deposits | 2,157,000 | 2,453,000 | 2,972,000 | 3,333,000 |
| Equity capital | 7,045,000 | 7,072,000 | 7,120,000 | 7,173,000 |
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 | 412,000 | 909,000 | 1,485,000 | 2,104,000 |
| Interest expense | 158,000 | 354,000 | 590,000 | 845,000 |
| Net interest income | 254,000 | 555,000 | 895,000 | 1,259,000 |
| Noninterest income | 20,000 | 46,000 | 81,000 | 119,000 |
| Noninterest expense | 311,000 | 608,000 | 919,000 | 1,229,000 |
| Provision for loan losses | 74,000 | 151,000 | 212,000 | 262,000 |
| Pretax income | -114,000 | -161,000 | -149,000 | -112,000 |
| Income tax | 5,000 | 9,000 | 12,000 | 15,000 |
| Net income | -119,000 | -170,000 | -161,000 | -127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,017,000 | 6,967,000 | 6,975,000 | 7,009,000 |
| Total capital | 7,279,000 | 7,282,000 | 7,324,000 | 7,396,000 |
| Risk-weighted assets | 20,923,000 | 25,445,000 | 27,879,000 | 30,970,000 |