Call reports 2002
FIRST CENTURY BANK, NATIONAL ASSOCIATION — 2002
What FIRST CENTURY BANK, 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 | 10,929,000 | 29,054,000 | 37,425,000 | 47,470,000 |
| Total loans | 411,000 | 5,716,000 | 16,668,000 | 25,974,000 |
| Allowance for loan losses | 4,000 | 57,000 | 167,000 | 258,000 |
| Securities available for sale | 0 | 6,072,000 | 7,061,000 | 6,940,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,141,000 | 23,766,000 | 32,255,000 | 41,782,000 |
| Interest-bearing deposits | 4,913,000 | 23,048,000 | 31,277,000 | 40,628,000 |
| Noninterest-bearing deposits | 228,000 | 718,000 | 978,000 | 1,154,000 |
| Equity capital | 5,511,000 | 5,093,000 | 4,824,000 | 4,633,000 |
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 | 4,000 | 203,000 | 624,000 | 1,237,000 |
| Interest expense | 9,000 | 212,000 | 502,000 | 882,000 |
| Net interest income | -5,000 | -9,000 | 122,000 | 355,000 |
| Noninterest income | 0 | 3,000 | 16,000 | 37,000 |
| Noninterest expense | 184,000 | 554,000 | 909,000 | 1,266,000 |
| Provision for loan losses | 4,000 | 57,000 | 167,000 | 260,000 |
| Pretax income | -193,000 | -617,000 | -938,000 | -1,134,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -193,000 | -617,000 | -938,000 | -1,134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,511,000 | 5,087,000 | 4,767,000 | 4,571,000 |
| Total capital | 5,515,000 | 5,144,000 | 4,934,000 | 4,829,000 |
| Risk-weighted assets | 3,133,000 | 9,851,000 | 19,631,000 | 28,407,000 |