Call reports 2002
FLORENCE NATIONAL BANK — 2002
What FLORENCE NATIONAL 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 | 49,371,000 | 50,484,000 | 53,237,000 | 53,984,000 |
| Total loans | 41,322,000 | 44,158,000 | 45,285,000 | 47,601,000 |
| Allowance for loan losses | 439,000 | 470,000 | 490,000 | 508,000 |
| Securities available for sale | 2,632,000 | 2,428,000 | 1,929,000 | 1,749,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,507,000 | 43,549,000 | 46,143,000 | 46,762,000 |
| Interest-bearing deposits | 38,082,000 | 39,127,000 | 41,793,000 | 42,352,000 |
| Noninterest-bearing deposits | 4,425,000 | 4,422,000 | 4,350,000 | 4,410,000 |
| Equity capital | 4,129,000 | 4,250,000 | 4,373,000 | 4,510,000 |
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 | 734,000 | 1,518,000 | 2,316,000 | 3,132,000 |
| Interest expense | 360,000 | 680,000 | 1,007,000 | 1,323,000 |
| Net interest income | 374,000 | 838,000 | 1,309,000 | 1,809,000 |
| Noninterest income | 119,000 | 242,000 | 394,000 | 547,000 |
| Noninterest expense | 380,000 | 767,000 | 1,164,000 | 1,589,000 |
| Provision for loan losses | 34,000 | 75,000 | 105,000 | 125,000 |
| Pretax income | 79,000 | 238,000 | 434,000 | 642,000 |
| Income tax | 26,000 | 83,000 | 157,000 | 228,000 |
| Net income | 53,000 | 155,000 | 277,000 | 414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,140,000 | 4,242,000 | 4,364,000 | 4,501,000 |
| Total capital | 4,579,000 | 4,712,000 | 4,854,000 | 5,009,000 |
| Risk-weighted assets | 42,218,000 | 43,912,000 | 44,601,000 | 46,750,000 |