Call reports 2001
FIRST BANK OF OKARCHE, THE — 2001
What FIRST BANK OF OKARCHE, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 41,786,000 | 41,776,000 | 42,941,000 | 43,235,000 |
| Total loans | 27,744,000 | 24,906,000 | 24,556,000 | 30,352,000 |
| Allowance for loan losses | 452,000 | 493,000 | 525,000 | 487,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 11,064,000 | 10,312,000 | 11,147,000 | 10,803,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,416,000 | 34,062,000 | 35,098,000 | 34,735,000 |
| Interest-bearing deposits | 29,909,000 | 29,502,000 | 30,386,000 | 29,294,000 |
| Noninterest-bearing deposits | 4,507,000 | 4,560,000 | 4,712,000 | 5,441,000 |
| Equity capital | 7,127,000 | 7,297,000 | 7,429,000 | 7,068,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 831,000 | 1,653,000 | 2,433,000 | 3,215,000 |
| Interest expense | 361,000 | 723,000 | 1,055,000 | 1,344,000 |
| Net interest income | 470,000 | 930,000 | 1,378,000 | 1,871,000 |
| Noninterest income | 30,000 | 62,000 | 87,000 | 120,000 |
| Noninterest expense | 170,000 | 333,000 | 519,000 | 993,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 300,000 | 599,000 | 856,000 | 878,000 |
| Income tax | 0 | 8,000 | 13,000 | 17,000 |
| Net income | 300,000 | 591,000 | 843,000 | 861,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,127,000 | 7,297,000 | 7,429,000 | 7,068,000 |
| Total capital | 7,579,000 | 7,690,000 | 7,820,000 | 7,489,000 |
| Risk-weighted assets | 40,598,000 | 31,360,000 | 31,166,000 | 33,573,000 |