Call reports 2002
LUMBEE GUARANTY BANK — 2002
What LUMBEE GUARANTY 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 | 137,870,000 | 142,352,000 | 148,761,000 | 149,730,000 |
| Total loans | 82,033,000 | 82,849,000 | 84,319,000 | 85,265,000 |
| Allowance for loan losses | 1,427,000 | 1,457,000 | 1,461,000 | 1,438,000 |
| Securities available for sale | 15,397,000 | 17,964,000 | 16,366,000 | 11,776,000 |
| Securities held to maturity | 18,056,000 | 17,382,000 | 18,494,000 | 20,640,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,956,000 | 126,408,000 | 132,278,000 | 132,646,000 |
| Interest-bearing deposits | 99,135,000 | 102,087,000 | 105,478,000 | 105,853,000 |
| Noninterest-bearing deposits | 22,821,000 | 24,321,000 | 26,800,000 | 26,793,000 |
| Equity capital | 14,648,000 | 14,938,000 | 15,381,000 | 15,634,000 |
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 | 2,155,000 | 4,305,000 | 6,438,000 | 8,579,000 |
| Interest expense | 844,000 | 1,594,000 | 2,314,000 | 2,961,000 |
| Net interest income | 1,311,000 | 2,711,000 | 4,124,000 | 5,618,000 |
| Noninterest income | 530,000 | 1,111,000 | 1,745,000 | 2,441,000 |
| Noninterest expense | 1,340,000 | 2,804,000 | 4,283,000 | 5,787,000 |
| Provision for loan losses | 80,000 | 139,000 | 199,000 | 259,000 |
| Pretax income | 421,000 | 879,000 | 1,387,000 | 2,013,000 |
| Income tax | 89,000 | 183,000 | 292,000 | 447,000 |
| Net income | 332,000 | 696,000 | 1,095,000 | 1,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,526,000 | 14,750,000 | 15,242,000 | 15,540,000 |
| Total capital | 15,600,000 | 15,846,000 | 16,372,000 | 16,684,000 |
| Risk-weighted assets | 85,541,000 | 87,325,000 | 90,108,000 | 91,252,000 |