Call reports 2002
NATIONAL BANK OF VERNON, THE — 2002
What NATIONAL BANK OF VERNON, THE 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 | 66,380,000 | 63,108,000 | 64,175,000 | 63,990,000 |
| Total loans | 34,488,000 | 34,141,000 | 33,764,000 | 33,899,000 |
| Allowance for loan losses | 333,000 | 324,000 | 348,000 | 340,000 |
| Securities available for sale | 19,955,000 | 17,878,000 | 19,743,000 | 20,658,000 |
| Securities held to maturity | 2,558,000 | 2,467,000 | 2,329,000 | 3,453,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,688,000 | 55,276,000 | 55,869,000 | 55,585,000 |
| Interest-bearing deposits | 48,010,000 | 43,758,000 | 43,924,000 | 43,727,000 |
| Noninterest-bearing deposits | 10,678,000 | 11,518,000 | 11,945,000 | 11,858,000 |
| Equity capital | 6,967,000 | 7,090,000 | 7,372,000 | 7,422,000 |
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 | 995,000 | 1,929,000 | 2,858,000 | 3,771,000 |
| Interest expense | 373,000 | 659,000 | 906,000 | 1,136,000 |
| Net interest income | 622,000 | 1,270,000 | 1,952,000 | 2,635,000 |
| Noninterest income | 111,000 | 227,000 | 348,000 | 480,000 |
| Noninterest expense | 571,000 | 1,193,000 | 1,797,000 | 2,461,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 179,000 | 301,000 | 478,000 | 615,000 |
| Income tax | 48,000 | 86,000 | 131,000 | 157,000 |
| Net income | 131,000 | 215,000 | 347,000 | 458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,869,000 | 6,890,000 | 6,953,000 | 6,975,000 |
| Total capital | 7,202,000 | 7,214,000 | 7,301,000 | 7,315,000 |
| Risk-weighted assets | 34,036,000 | 33,235,000 | 33,219,000 | 33,287,000 |