Call reports 2001
ADVANTAGE BANK — 2001
What ADVANTAGE BANK 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 | 25,473,000 | 37,091,000 | 53,465,000 | 57,328,000 |
| Total loans | 22,031,000 | 33,328,000 | 44,827,000 | 47,801,000 |
| Allowance for loan losses | 223,000 | 334,000 | 460,000 | 536,000 |
| Securities available for sale | 0 | 0 | 0 | 996,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,956,000 | 29,378,000 | 47,624,000 | 51,418,000 |
| Interest-bearing deposits | 17,493,000 | 26,465,000 | 44,267,000 | 45,344,000 |
| Noninterest-bearing deposits | 2,463,000 | 2,913,000 | 3,357,000 | 6,074,000 |
| Equity capital | 5,421,000 | 5,581,000 | 5,610,000 | 5,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 651,000 | 1,493,000 | 2,517,000 | 3,564,000 |
| Interest expense | 219,000 | 533,000 | 950,000 | 1,409,000 |
| Net interest income | 432,000 | 960,000 | 1,567,000 | 2,155,000 |
| Noninterest income | 41,000 | 8,000 | 17,000 | 32,000 |
| Noninterest expense | 403,000 | 754,000 | 1,197,000 | 1,682,000 |
| Provision for loan losses | 97,000 | 208,000 | 334,000 | 413,000 |
| Pretax income | -27,000 | 6,000 | 53,000 | 92,000 |
| Income tax | 0 | -127,000 | -110,000 | -95,000 |
| Net income | -27,000 | 133,000 | 163,000 | 187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,402,000 | 5,581,000 | 5,610,000 | 5,634,000 |
| Total capital | 5,625,000 | 5,915,000 | 6,070,000 | 6,170,000 |
| Risk-weighted assets | 23,142,000 | 34,121,000 | 47,363,000 | 49,391,000 |