Call reports 2001
COVEST BANC, NATIONAL ASSOCIATION — 2001
What COVEST BANC, NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 582,905,000 | 573,371,000 | 577,203,000 | 582,951,000 |
| Total loans | 468,636,000 | 484,379,000 | 498,761,000 | 516,167,000 |
| Allowance for loan losses | 5,545,000 | 5,752,000 | 6,030,000 | 6,547,000 |
| Securities available for sale | 44,362,000 | 57,821,000 | 46,955,000 | 42,803,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 466,136,000 | 463,296,000 | 458,790,000 | 462,654,000 |
| Interest-bearing deposits | 433,125,000 | 425,873,000 | 419,205,000 | 425,008,000 |
| Noninterest-bearing deposits | 33,011,000 | 37,423,000 | 39,585,000 | 37,646,000 |
| Equity capital | 46,306,000 | 46,547,000 | 45,980,000 | 45,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 11,313,000 | 22,061,000 | 32,576,000 | 42,787,000 |
| Interest expense | 6,636,000 | 12,577,000 | 18,149,000 | 22,804,000 |
| Net interest income | 4,677,000 | 9,484,000 | 14,427,000 | 19,983,000 |
| Noninterest income | 1,190,000 | 2,378,000 | 3,377,000 | 4,442,000 |
| Noninterest expense | 3,237,000 | 6,848,000 | 10,103,000 | 13,359,000 |
| Provision for loan losses | 250,000 | 500,000 | 800,000 | 1,602,000 |
| Pretax income | 2,369,000 | 4,502,000 | 6,886,000 | 9,449,000 |
| Income tax | 867,000 | 1,640,000 | 2,508,000 | 3,455,000 |
| Net income | 1,502,000 | 2,862,000 | 4,378,000 | 5,994,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,512,000 | 44,787,000 | 43,928,000 | 43,992,000 |
| Total capital | 49,535,000 | 49,913,000 | 49,161,000 | 49,269,000 |
| Risk-weighted assets | 396,843,000 | 402,913,000 | 412,227,000 | 413,155,000 |