Call reports 2002
WORLD'S FOREMOST BANK — 2002
What WORLD'S FOREMOST 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 | 133,510,000 | 134,372,000 | 129,548,000 | 128,189,000 |
| Total loans | 41,344,000 | 37,084,000 | 5,661,000 | 43,188,000 |
| Allowance for loan losses | 1,000,000 | 1,000,000 | 1,000,000 | 785,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 47,380,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,255,000 | 64,440,000 | 68,940,000 | 69,440,000 |
| Interest-bearing deposits | 68,255,000 | 64,440,000 | 68,940,000 | 69,440,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 25,368,000 | 27,638,000 | 31,243,000 | 34,113,000 |
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 | 1,301,000 | 3,220,000 | 4,200,000 | 7,089,000 |
| Interest expense | 879,000 | 1,746,000 | 2,581,000 | 3,474,000 |
| Net interest income | 422,000 | 1,474,000 | 1,619,000 | 3,615,000 |
| Noninterest income | 15,154,000 | 32,797,000 | 53,236,000 | 73,742,000 |
| Noninterest expense | 13,487,000 | 28,496,000 | 43,615,000 | 61,261,000 |
| Provision for loan losses | 236,000 | 472,000 | 378,000 | 793,000 |
| Pretax income | 1,853,000 | 5,303,000 | 10,862,000 | 15,303,000 |
| Income tax | 691,000 | 1,871,000 | 3,825,000 | 5,396,000 |
| Net income | 1,162,000 | 3,432,000 | 7,037,000 | 9,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,785,000 | 27,104,000 | 31,068,000 | 33,986,000 |
| Total capital | 25,785,000 | 28,104,000 | 32,068,000 | 34,771,000 |
| Risk-weighted assets | 141,611,000 | 140,862,000 | 169,395,000 | 178,222,000 |