Call reports 2002
OLD FORT BANKING COMPANY, THE — 2002
What OLD FORT BANKING COMPANY, 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 | 258,407,000 | 268,020,000 | 283,109,000 | 277,557,000 |
| Total loans | 168,736,000 | 168,326,000 | 178,981,000 | 178,252,000 |
| Allowance for loan losses | 2,429,000 | 2,424,000 | 2,557,000 | 2,599,000 |
| Securities available for sale | 67,692,000 | 78,999,000 | 86,906,000 | 78,808,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,797,000 | 233,474,000 | 244,352,000 | 240,580,000 |
| Interest-bearing deposits | 210,480,000 | 214,597,000 | 223,829,000 | 216,237,000 |
| Noninterest-bearing deposits | 17,317,000 | 18,877,000 | 20,523,000 | 24,343,000 |
| Equity capital | 21,500,000 | 22,474,000 | 24,308,000 | 24,753,000 |
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 | 4,084,000 | 8,152,000 | 12,332,000 | 16,441,000 |
| Interest expense | 1,699,000 | 3,339,000 | 4,965,000 | 6,474,000 |
| Net interest income | 2,385,000 | 4,813,000 | 7,367,000 | 9,967,000 |
| Noninterest income | 376,000 | 764,000 | 1,153,000 | 1,665,000 |
| Noninterest expense | 1,687,000 | 3,400,000 | 5,170,000 | 7,093,000 |
| Provision for loan losses | 75,000 | 90,000 | 120,000 | 711,000 |
| Pretax income | 990,000 | 2,088,000 | 3,317,000 | 4,374,000 |
| Income tax | 210,000 | 447,000 | 727,000 | 952,000 |
| Net income | 780,000 | 1,641,000 | 2,590,000 | 3,422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,488,000 | 21,357,000 | 22,307,000 | 23,068,000 |
| Total capital | 23,693,000 | 23,547,000 | 24,647,000 | 25,539,000 |
| Risk-weighted assets | 176,196,000 | 174,974,000 | 186,993,000 | 197,526,000 |