Call reports 2002
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2002
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 632,286,000 | 618,992,000 | 617,373,000 | 606,054,000 |
| Total loans | 441,270,000 | 453,288,000 | 443,369,000 | 434,518,000 |
| Allowance for loan losses | 5,765,000 | 6,424,000 | 7,149,000 | 6,076,000 |
| Securities available for sale | 100,340,000 | 101,657,000 | 97,806,000 | 84,714,000 |
| Securities held to maturity | 1,994,000 | 1,893,000 | 1,653,000 | 1,417,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 450,958,000 | 439,131,000 | 436,242,000 | 424,754,000 |
| Interest-bearing deposits | 402,075,000 | 383,914,000 | 367,523,000 | 369,585,000 |
| Noninterest-bearing deposits | 48,883,000 | 55,217,000 | 68,719,000 | 55,169,000 |
| Equity capital | 45,981,000 | 48,373,000 | 49,156,000 | 49,368,000 |
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 | 10,446,000 | 20,887,000 | 31,098,000 | 40,782,000 |
| Interest expense | 5,122,000 | 9,928,000 | 14,563,000 | 18,980,000 |
| Net interest income | 5,324,000 | 10,959,000 | 16,535,000 | 21,802,000 |
| Noninterest income | 375,000 | 716,000 | 1,104,000 | 1,496,000 |
| Noninterest expense | 3,539,000 | 7,169,000 | 12,125,000 | 15,556,000 |
| Provision for loan losses | 1,270,000 | 2,519,000 | 3,483,000 | 5,043,000 |
| Pretax income | 887,000 | 1,987,000 | 2,031,000 | 2,699,000 |
| Income tax | 293,000 | 658,000 | 673,000 | 891,000 |
| Net income | 594,000 | 1,329,000 | 1,358,000 | 1,808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,576,000 | 47,215,000 | 47,145,000 | 47,493,000 |
| Total capital | 51,555,000 | 52,245,000 | 52,081,000 | 52,400,000 |
| Risk-weighted assets | 397,566,000 | 401,032,000 | 392,686,000 | 391,353,000 |