Call reports 2002
LOGAN BANK & TRUST COMPANY — 2002
What LOGAN BANK & TRUST COMPANY 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 | 177,129,000 | 169,086,000 | 173,554,000 | 169,017,000 |
| Total loans | 111,110,000 | 110,906,000 | 108,532,000 | 107,933,000 |
| Allowance for loan losses | 1,198,000 | 1,261,000 | 1,293,000 | 1,619,000 |
| Securities available for sale | 36,766,000 | 42,643,000 | 46,170,000 | 40,892,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,942,000 | 148,620,000 | 152,393,000 | 150,443,000 |
| Interest-bearing deposits | 127,918,000 | 124,390,000 | 127,672,000 | 125,296,000 |
| Noninterest-bearing deposits | 29,024,000 | 24,230,000 | 24,721,000 | 25,147,000 |
| Equity capital | 16,673,000 | 17,200,000 | 17,749,000 | 16,869,000 |
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 | 2,602,000 | 5,162,000 | 7,681,000 | 10,090,000 |
| Interest expense | 764,000 | 1,457,000 | 2,133,000 | 2,765,000 |
| Net interest income | 1,838,000 | 3,705,000 | 5,548,000 | 7,325,000 |
| Noninterest income | 190,000 | 358,000 | 532,000 | 702,000 |
| Noninterest expense | 1,096,000 | 2,201,000 | 3,276,000 | 4,531,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 534,000 |
| Pretax income | 872,000 | 1,742,000 | 2,622,000 | 2,960,000 |
| Income tax | 329,000 | 663,000 | 994,000 | 1,107,000 |
| Net income | 543,000 | 1,079,000 | 1,628,000 | 1,853,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,809,000 | 17,071,000 | 17,358,000 | 16,624,000 |
| Total capital | 18,007,000 | 18,297,000 | 18,573,000 | 17,831,000 |
| Risk-weighted assets | 98,328,000 | 98,051,000 | 97,176,000 | 96,174,000 |