Call reports 2002
POLK COUNTY BANK — 2002
What POLK COUNTY 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 | 87,315,000 | 88,101,000 | 90,198,000 | 93,897,000 |
| Total loans | 73,311,000 | 74,646,000 | 75,695,000 | 78,170,000 |
| Allowance for loan losses | 874,000 | 1,027,000 | 974,000 | 1,094,000 |
| Securities available for sale | 7,121,000 | 6,000,000 | 5,834,000 | 5,462,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,792,000 | 75,005,000 | 78,136,000 | 81,713,000 |
| Interest-bearing deposits | 58,042,000 | 63,135,000 | 65,510,000 | 68,840,000 |
| Noninterest-bearing deposits | 11,750,000 | 11,870,000 | 12,626,000 | 12,873,000 |
| Equity capital | 6,222,000 | 6,576,000 | 6,834,000 | 6,874,000 |
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 | 1,668,000 | 3,383,000 | 5,084,000 | 6,814,000 |
| Interest expense | 513,000 | 1,032,000 | 1,526,000 | 2,005,000 |
| Net interest income | 1,155,000 | 2,351,000 | 3,558,000 | 4,809,000 |
| Noninterest income | 112,000 | 268,000 | 444,000 | 595,000 |
| Noninterest expense | 725,000 | 1,443,000 | 2,181,000 | 3,104,000 |
| Provision for loan losses | 100,000 | 246,000 | 371,000 | 671,000 |
| Pretax income | 442,000 | 930,000 | 1,450,000 | 1,629,000 |
| Income tax | 148,000 | 313,000 | 517,000 | 563,000 |
| Net income | 294,000 | 617,000 | 933,000 | 1,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,148,000 | 6,471,000 | 6,720,000 | 6,763,000 |
| Total capital | 7,022,000 | 7,439,000 | 7,694,000 | 7,726,000 |
| Risk-weighted assets | 76,455,000 | 77,348,000 | 78,782,000 | 76,888,000 |