Call reports 2002
FIRST NATIONAL BANK OF GROVE, THE — 2002
What FIRST NATIONAL BANK OF GROVE, 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 | 43,012,000 | 43,752,000 | 46,471,000 | 48,135,000 |
| Total loans | 25,521,000 | 25,148,000 | 25,963,000 | 25,873,000 |
| Allowance for loan losses | 187,000 | 215,000 | 213,000 | 262,000 |
| Securities available for sale | 14,073,000 | 15,468,000 | 17,061,000 | 18,973,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,829,000 | 36,770,000 | 39,551,000 | 40,424,000 |
| Interest-bearing deposits | 34,539,000 | 34,850,000 | 37,624,000 | 38,630,000 |
| Noninterest-bearing deposits | 2,290,000 | 1,920,000 | 1,927,000 | 1,794,000 |
| Equity capital | 2,967,000 | 3,246,000 | 3,485,000 | 3,605,000 |
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 | 732,000 | 1,461,000 | 2,196,000 | 2,924,000 |
| Interest expense | 332,000 | 661,000 | 972,000 | 1,252,000 |
| Net interest income | 400,000 | 800,000 | 1,224,000 | 1,672,000 |
| Noninterest income | 82,000 | 171,000 | 270,000 | 364,000 |
| Noninterest expense | 304,000 | 618,000 | 930,000 | 1,257,000 |
| Provision for loan losses | 31,000 | 68,000 | 111,000 | 155,000 |
| Pretax income | 147,000 | 296,000 | 469,000 | 646,000 |
| Income tax | 61,000 | 122,000 | 167,000 | 225,000 |
| Net income | 86,000 | 174,000 | 302,000 | 421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,027,000 | 3,141,000 | 3,294,000 | 3,413,000 |
| Total capital | 3,214,000 | 3,356,000 | 3,507,000 | 3,675,000 |
| Risk-weighted assets | 25,152,000 | 24,871,000 | 26,012,000 | 26,721,000 |