Call reports 2002
COVEST BANC, NATIONAL ASSOCIATION — 2002
What COVEST BANC, NATIONAL ASSOCIATION 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 | 590,438,000 | 601,745,000 | 598,128,000 | 605,995,000 |
| Total loans | 524,204,000 | 498,840,000 | 519,088,000 | 543,264,000 |
| Allowance for loan losses | 6,650,000 | 6,650,000 | 6,851,000 | 7,039,000 |
| Securities available for sale | 39,782,000 | 55,927,000 | 51,046,000 | 39,208,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 462,402,000 | 476,256,000 | 472,828,000 | 480,333,000 |
| Interest-bearing deposits | 425,024,000 | 434,829,000 | 429,844,000 | 439,907,000 |
| Noninterest-bearing deposits | 37,378,000 | 41,427,000 | 42,984,000 | 40,426,000 |
| Equity capital | 45,932,000 | 46,161,000 | 46,240,000 | 46,171,000 |
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 | 9,625,000 | 18,716,000 | 27,604,000 | 36,506,000 |
| Interest expense | 4,010,000 | 7,951,000 | 11,750,000 | 15,224,000 |
| Net interest income | 5,615,000 | 10,765,000 | 15,854,000 | 21,282,000 |
| Noninterest income | 1,176,000 | 2,496,000 | 3,644,000 | 4,762,000 |
| Noninterest expense | 3,756,000 | 7,328,000 | 10,621,000 | 14,248,000 |
| Provision for loan losses | 472,000 | 636,000 | 853,000 | 1,053,000 |
| Pretax income | 2,637,000 | 5,371,000 | 8,114,000 | 10,927,000 |
| Income tax | 976,000 | 1,989,000 | 3,001,000 | 4,101,000 |
| Net income | 1,661,000 | 3,382,000 | 5,113,000 | 6,826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,268,000 | 44,261,000 | 44,500,000 | 44,601,000 |
| Total capital | 49,582,000 | 49,372,000 | 49,779,000 | 50,053,000 |
| Risk-weighted assets | 415,906,000 | 400,275,000 | 417,042,000 | 431,057,000 |