Call reports 2002
HERNDON NATIONAL BANK, THE — 2002
What HERNDON NATIONAL BANK, 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 | 27,478,000 | 28,212,000 | 29,038,000 | 28,561,000 |
| Total loans | 8,810,000 | 8,355,000 | 8,186,000 | 7,972,000 |
| Allowance for loan losses | 239,000 | 242,000 | 280,000 | 189,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,108,000 | 15,622,000 | 16,218,000 | 16,526,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,132,000 | 20,777,000 | 21,575,000 | 21,118,000 |
| Interest-bearing deposits | 17,825,000 | 18,349,000 | 18,831,000 | 18,602,000 |
| Noninterest-bearing deposits | 2,307,000 | 2,428,000 | 2,744,000 | 2,516,000 |
| Equity capital | 7,270,000 | 7,352,000 | 7,387,000 | 7,328,000 |
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 | 373,000 | 742,000 | 1,085,000 | 1,431,000 |
| Interest expense | 116,000 | 231,000 | 350,000 | 460,000 |
| Net interest income | 257,000 | 511,000 | 735,000 | 971,000 |
| Noninterest income | 10,000 | 18,000 | 27,000 | 41,000 |
| Noninterest expense | 195,000 | 311,000 | 439,000 | 590,000 |
| Provision for loan losses | 1,000 | 1,000 | 71,000 | 158,000 |
| Pretax income | 71,000 | 218,000 | 253,000 | 265,000 |
| Income tax | 10,000 | 45,000 | 45,000 | 23,000 |
| Net income | 61,000 | 173,000 | 208,000 | 242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,270,000 | 7,352,000 | 7,387,000 | 7,328,000 |
| Total capital | 7,413,000 | 7,492,000 | 7,533,000 | 7,468,000 |
| Risk-weighted assets | 11,330,000 | 11,115,000 | 11,508,000 | 11,150,000 |