Call reports 2002
GRAND BANK & TRUST OF FLORIDA — 2002
What GRAND BANK & TRUST OF FLORIDA 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 | 116,010,000 | 122,143,000 | 143,584,000 | 149,038,000 |
| Total loans | 76,730,000 | 84,609,000 | 93,570,000 | 108,879,000 |
| Allowance for loan losses | 1,250,000 | 1,265,000 | 1,250,000 | 1,400,000 |
| Securities available for sale | 19,774,000 | 20,219,000 | 26,639,000 | 25,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,939,000 | 110,252,000 | 131,814,000 | 133,647,000 |
| Interest-bearing deposits | 79,438,000 | 82,620,000 | 100,288,000 | 100,863,000 |
| Noninterest-bearing deposits | 25,501,000 | 27,632,000 | 31,526,000 | 32,784,000 |
| Equity capital | 9,316,000 | 9,548,000 | 9,785,000 | 13,193,000 |
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 | 1,534,000 | 3,187,000 | 5,007,000 | 6,976,000 |
| Interest expense | 409,000 | 869,000 | 1,381,000 | 1,884,000 |
| Net interest income | 1,125,000 | 2,318,000 | 3,626,000 | 5,092,000 |
| Noninterest income | 221,000 | 444,000 | 688,000 | 977,000 |
| Noninterest expense | 984,000 | 2,079,000 | 3,220,000 | 4,601,000 |
| Provision for loan losses | 160,000 | 390,000 | 503,000 | 608,000 |
| Pretax income | 212,000 | 338,000 | 720,000 | 989,000 |
| Income tax | 80,000 | 127,000 | 271,000 | 369,000 |
| Net income | 132,000 | 211,000 | 449,000 | 620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,363,000 | 9,442,000 | 9,680,000 | 13,061,000 |
| Total capital | 10,484,000 | 10,654,000 | 10,930,000 | 14,461,000 |
| Risk-weighted assets | 89,555,000 | 96,940,000 | 110,411,000 | 123,999,000 |