Call reports 2002
ADVANTAGE BANK — 2002
What ADVANTAGE BANK 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 | 62,050,000 | 74,512,000 | 77,667,000 | 96,890,000 |
| Total loans | 55,799,000 | 64,697,000 | 70,546,000 | 87,558,000 |
| Allowance for loan losses | 620,000 | 695,000 | 755,000 | 927,000 |
| Securities available for sale | 995,000 | 1,004,000 | 1,007,000 | 1,527,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,991,000 | 63,932,000 | 66,632,000 | 80,593,000 |
| Interest-bearing deposits | 48,707,000 | 57,170,000 | 60,278,000 | 75,039,000 |
| Noninterest-bearing deposits | 5,284,000 | 6,762,000 | 6,354,000 | 5,554,000 |
| Equity capital | 5,709,000 | 6,345,000 | 6,740,000 | 11,988,000 |
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 | 1,240,000 | 2,658,000 | 4,199,000 | 5,977,000 |
| Interest expense | 458,000 | 971,000 | 1,561,000 | 2,205,000 |
| Net interest income | 782,000 | 1,687,000 | 2,638,000 | 3,772,000 |
| Noninterest income | 10,000 | 23,000 | 36,000 | 51,000 |
| Noninterest expense | 582,000 | 1,210,000 | 1,888,000 | 2,612,000 |
| Provision for loan losses | 84,000 | 159,000 | 219,000 | 391,000 |
| Pretax income | 126,000 | 341,000 | 567,000 | 820,000 |
| Income tax | 49,000 | 134,000 | 216,000 | 312,000 |
| Net income | 77,000 | 207,000 | 351,000 | 508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,711,000 | 6,342,000 | 6,736,000 | 11,992,000 |
| Total capital | 6,331,000 | 7,037,000 | 7,491,000 | 12,919,000 |
| Risk-weighted assets | 57,505,000 | 66,772,000 | 72,166,000 | 89,893,000 |