Call reports 2002
PFC BANK — 2002
What PFC BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Total assets | 331,377,000 | 341,635,000 |
| Total loans | 231,793,000 | 234,292,000 |
| Allowance for loan losses | 1,398,000 | 1,407,000 |
| Securities available for sale | 29,557,000 | 27,218,000 |
| Securities held to maturity | 36,641,000 | 36,661,000 |
| Trading assets | 0 | 0 |
| Total deposits | 282,021,000 | 291,673,000 |
| Interest-bearing deposits | 247,952,000 | 255,124,000 |
| Noninterest-bearing deposits | 34,069,000 | 36,549,000 |
| Equity capital | 40,011,000 | 41,706,000 |
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 |
|---|---|---|
| Interest income | 5,306,000 | 10,658,000 |
| Interest expense | 2,262,000 | 4,508,000 |
| Net interest income | 3,044,000 | 6,150,000 |
| Noninterest income | 136,000 | 267,000 |
| Noninterest expense | 1,477,000 | 3,235,000 |
| Provision for loan losses | 21,000 | 42,000 |
| Pretax income | 2,933,000 | 7,367,000 |
| Income tax | 944,000 | 2,429,000 |
| Net income | 1,989,000 | 4,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Tier 1 capital | 27,644,000 | 30,228,000 |
| Total capital | 37,192,000 | 39,174,000 |
| Risk-weighted assets | 182,930,000 | 192,858,000 |