Call reports 2002
BLACK MOUNTAIN SAVINGS BANK, SSB — 2002
What BLACK MOUNTAIN SAVINGS BANK, SSB 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 | 22,801,000 | 23,828,000 | 24,868,000 | 24,960,000 |
| Total loans | 19,982,000 | 20,403,000 | 21,016,000 | 20,858,000 |
| Allowance for loan losses | 21,000 | 21,000 | 21,000 | 21,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,916,000 | 20,873,000 | 21,842,000 | 21,867,000 |
| Interest-bearing deposits | 19,913,000 | 20,870,000 | 21,839,000 | 21,865,000 |
| Noninterest-bearing deposits | 3,000 | 3,000 | 3,000 | 2,000 |
| Equity capital | 2,782,000 | 2,833,000 | 2,884,000 | 2,906,000 |
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 | 414,000 | 813,000 | 1,228,000 | 1,649,000 |
| Interest expense | 187,000 | 358,000 | 538,000 | 714,000 |
| Net interest income | 227,000 | 455,000 | 690,000 | 935,000 |
| Noninterest income | 2,000 | 13,000 | 15,000 | 11,000 |
| Noninterest expense | 162,000 | 331,000 | 497,000 | 677,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 67,000 | 137,000 | 208,000 | 269,000 |
| Income tax | 19,000 | 38,000 | 58,000 | 97,000 |
| Net income | 48,000 | 99,000 | 150,000 | 172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,782,000 | 2,833,000 | 2,884,000 | 2,906,000 |
| Total capital | 2,803,000 | 2,854,000 | 2,905,000 | 2,927,000 |
| Risk-weighted assets | 11,207,000 | 11,548,000 | 12,057,000 | 12,072,000 |