Call reports 2001
NATIONAL BANK OF VERNON, THE — 2001
What NATIONAL BANK OF VERNON, THE 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 | 60,205,000 | 64,868,000 | 67,877,000 | 68,494,000 |
| Total loans | 32,423,000 | 32,514,000 | 33,953,000 | 33,961,000 |
| Allowance for loan losses | 368,000 | 345,000 | 336,000 | 309,000 |
| Securities available for sale | 17,335,000 | 20,986,000 | 23,045,000 | 21,693,000 |
| Securities held to maturity | 2,090,000 | 1,997,000 | 2,124,000 | 3,068,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,827,000 | 57,406,000 | 59,990,000 | 60,772,000 |
| Interest-bearing deposits | 41,845,000 | 45,554,000 | 47,477,000 | 48,342,000 |
| Noninterest-bearing deposits | 10,982,000 | 11,852,000 | 12,513,000 | 12,430,000 |
| Equity capital | 6,678,000 | 6,731,000 | 7,022,000 | 6,930,000 |
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 | 1,037,000 | 2,079,000 | 3,152,000 | 4,202,000 |
| Interest expense | 427,000 | 853,000 | 1,296,000 | 1,707,000 |
| Net interest income | 610,000 | 1,226,000 | 1,856,000 | 2,496,000 |
| Noninterest income | 100,000 | 210,000 | 349,000 | 497,000 |
| Noninterest expense | 556,000 | 1,104,000 | 1,656,000 | 2,341,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 66,000 |
| Pretax income | 147,000 | 310,000 | 512,000 | 611,000 |
| Income tax | 40,000 | 84,000 | 143,000 | 124,000 |
| Net income | 107,000 | 226,000 | 369,000 | 487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,524,000 | 6,591,000 | 6,697,000 | 6,762,000 |
| Total capital | 6,892,000 | 6,936,000 | 7,033,000 | 7,071,000 |
| Risk-weighted assets | 31,507,000 | 33,555,000 | 38,984,000 | 34,611,000 |