Call reports 2002
SOUTHWESTUSA BANK — 2002
What SOUTHWESTUSA 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 | 29,601,000 | 29,852,000 | 41,875,000 | 49,151,000 |
| Total loans | 8,604,000 | 15,862,000 | 29,004,000 | 40,075,000 |
| Allowance for loan losses | 96,000 | 199,000 | 362,000 | 503,000 |
| Securities available for sale | 14,257,000 | 8,184,000 | 5,186,000 | 5,237,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,875,000 | 22,325,000 | 34,624,000 | 40,996,000 |
| Interest-bearing deposits | 19,395,000 | 17,549,000 | 28,384,000 | 33,473,000 |
| Noninterest-bearing deposits | 2,480,000 | 4,776,000 | 6,240,000 | 7,523,000 |
| Equity capital | 7,675,000 | 7,433,000 | 7,090,000 | 6,845,000 |
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 | 261,000 | 599,000 | 1,088,000 | 1,771,000 |
| Interest expense | 72,000 | 150,000 | 262,000 | 426,000 |
| Net interest income | 189,000 | 449,000 | 826,000 | 1,345,000 |
| Noninterest income | 0 | 0 | 0 | 8,000 |
| Noninterest expense | 535,000 | 1,094,000 | 1,679,000 | 2,271,000 |
| Provision for loan losses | 0 | 88,000 | 251,000 | 453,000 |
| Pretax income | -346,000 | -738,000 | -1,104,000 | -1,338,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -346,000 | -738,000 | -1,104,000 | -1,338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,795,000 | 7,401,000 | 7,035,000 | 6,801,000 |
| Total capital | 7,909,000 | 7,600,000 | 7,437,000 | 7,366,000 |
| Risk-weighted assets | 29,817,000 | 30,018,000 | 42,182,000 | 47,240,000 |