Call reports 2002
SHORE BANK — 2002
What SHORE 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 | 151,212,000 | 157,732,000 | 162,537,000 | 177,376,000 |
| Total loans | 106,750,000 | 114,244,000 | 114,774,000 | 118,413,000 |
| Allowance for loan losses | 1,393,000 | 1,475,000 | 1,551,000 | 1,603,000 |
| Securities available for sale | 24,178,000 | 25,942,000 | 25,286,000 | 38,147,000 |
| Securities held to maturity | 2,988,000 | 5,998,000 | 6,005,000 | 5,004,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,197,000 | 142,348,000 | 147,704,000 | 160,516,000 |
| Interest-bearing deposits | 121,740,000 | 124,653,000 | 130,863,000 | 143,221,000 |
| Noninterest-bearing deposits | 15,457,000 | 17,695,000 | 16,841,000 | 17,295,000 |
| Equity capital | 12,846,000 | 13,000,000 | 13,695,000 | 14,243,000 |
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 | 2,303,000 | 4,651,000 | 7,024,000 | 9,351,000 |
| Interest expense | 943,000 | 1,884,000 | 2,810,000 | 3,716,000 |
| Net interest income | 1,360,000 | 2,767,000 | 4,214,000 | 5,635,000 |
| Noninterest income | 283,000 | 589,000 | 888,000 | 1,238,000 |
| Noninterest expense | 968,000 | 1,895,000 | 2,895,000 | 3,947,000 |
| Provision for loan losses | 76,000 | 158,000 | 242,000 | 335,000 |
| Pretax income | 599,000 | 1,303,000 | 1,963,000 | 2,596,000 |
| Income tax | 192,000 | 407,000 | 619,000 | 792,000 |
| Net income | 407,000 | 896,000 | 1,344,000 | 1,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,666,000 | 12,655,000 | 13,094,000 | 12,943,000 |
| Total capital | 13,956,000 | 14,029,000 | 14,378,000 | 14,317,000 |
| Risk-weighted assets | 101,366,000 | 108,627,000 | 102,489,000 | 109,042,000 |