Call reports 2002
FRANKLIN STATE BANK — 2002
What FRANKLIN STATE 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 | 76,758,000 | 78,588,000 | 82,933,000 | 85,937,000 |
| Total loans | 69,171,000 | 70,632,000 | 69,443,000 | 72,608,000 |
| Allowance for loan losses | 799,000 | 829,000 | 859,000 | 884,000 |
| Securities available for sale | 2,760,000 | 2,710,000 | 2,675,000 | 3,096,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,474,000 | 66,148,000 | 70,350,000 | 73,196,000 |
| Interest-bearing deposits | 55,493,000 | 56,088,000 | 59,668,000 | 61,723,000 |
| Noninterest-bearing deposits | 8,981,000 | 10,060,000 | 10,682,000 | 11,473,000 |
| Equity capital | 6,314,000 | 6,426,000 | 6,526,000 | 6,671,000 |
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 | 1,287,000 | 2,544,000 | 3,832,000 | 5,192,000 |
| Interest expense | 412,000 | 783,000 | 1,160,000 | 1,535,000 |
| Net interest income | 875,000 | 1,761,000 | 2,672,000 | 3,657,000 |
| Noninterest income | 103,000 | 202,000 | 309,000 | 407,000 |
| Noninterest expense | 606,000 | 1,176,000 | 1,786,000 | 2,401,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 342,000 | 727,000 | 1,105,000 | 1,543,000 |
| Income tax | 132,000 | 281,000 | 426,000 | 596,000 |
| Net income | 210,000 | 446,000 | 679,000 | 947,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,306,000 | 6,432,000 | 6,548,000 | 6,698,000 |
| Total capital | 7,105,000 | 7,261,000 | 7,407,000 | 7,582,000 |
| Risk-weighted assets | 69,487,000 | 71,582,000 | 72,258,000 | 74,528,000 |