Call reports 2002
EVOLVE BANK & TRUST — 2002
What EVOLVE 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 | 24,397,000 | 23,140,000 | 23,293,000 | 21,909,000 |
| Total loans | 16,013,000 | 15,284,000 | 13,520,000 | 12,442,000 |
| Allowance for loan losses | 736,000 | 773,000 | 720,000 | 659,000 |
| Securities available for sale | 3,599,000 | 5,568,000 | 5,412,000 | 6,774,000 |
| Securities held to maturity | 30,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,175,000 | 18,116,000 | 18,213,000 | 17,249,000 |
| Interest-bearing deposits | 15,196,000 | 13,490,000 | 13,627,000 | 14,018,000 |
| Noninterest-bearing deposits | 3,978,000 | 4,626,000 | 4,586,000 | 3,231,000 |
| Equity capital | 2,022,000 | 1,877,000 | 1,938,000 | 2,502,000 |
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 | 461,000 | 861,000 | 1,261,000 | 1,628,000 |
| Interest expense | 241,000 | 393,000 | 528,000 | 648,000 |
| Net interest income | 220,000 | 468,000 | 733,000 | 980,000 |
| Noninterest income | 206,000 | 221,000 | 275,000 | 918,000 |
| Noninterest expense | 421,000 | 739,000 | 995,000 | 1,400,000 |
| Provision for loan losses | 181,000 | 301,000 | 301,000 | 309,000 |
| Pretax income | -176,000 | -349,000 | -286,000 | 191,000 |
| Income tax | 0 | 0 | 0 | -38,000 |
| Net income | -176,000 | -349,000 | -286,000 | 229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,026,000 | 1,853,000 | 1,917,000 | 2,431,000 |
| Total capital | 2,214,000 | 2,030,000 | 2,077,000 | 2,578,000 |
| Risk-weighted assets | 14,529,000 | 13,603,000 | 12,204,000 | 11,284,000 |