Call reports 2002
STATE EXCHANGE BANK, THE — 2002
What STATE EXCHANGE BANK, THE 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 | 22,845,000 | 23,722,000 | 23,850,000 | 23,193,000 |
| Total loans | 16,599,000 | 16,799,000 | 16,590,000 | 16,723,000 |
| Allowance for loan losses | 381,000 | 430,000 | 323,000 | 264,000 |
| Securities available for sale | 3,854,000 | 3,573,000 | 5,562,000 | 4,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,450,000 | 20,997,000 | 21,205,000 | 20,728,000 |
| Interest-bearing deposits | 19,003,000 | 19,355,000 | 19,513,000 | 18,729,000 |
| Noninterest-bearing deposits | 1,447,000 | 1,642,000 | 1,692,000 | 1,998,000 |
| Equity capital | 1,960,000 | 2,005,000 | 1,918,000 | 1,926,000 |
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 | 392,000 | 775,000 | 1,154,000 | 1,517,000 |
| Interest expense | 159,000 | 300,000 | 439,000 | 560,000 |
| Net interest income | 233,000 | 475,000 | 715,000 | 957,000 |
| Noninterest income | 38,000 | 71,000 | 99,000 | 145,000 |
| Noninterest expense | 178,000 | 357,000 | 522,000 | 751,000 |
| Provision for loan losses | 90,000 | 140,000 | 380,000 | 445,000 |
| Pretax income | 3,000 | 49,000 | -88,000 | -94,000 |
| Income tax | -4,000 | 9,000 | -24,000 | -35,000 |
| Net income | 7,000 | 40,000 | -64,000 | -59,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,926,000 | 1,959,000 | 1,855,000 | 1,860,000 |
| Total capital | 2,144,000 | 2,179,000 | 2,072,000 | 2,078,000 |
| Risk-weighted assets | 17,187,000 | 17,406,000 | 17,251,000 | 17,381,000 |