Call reports 2002
FIRST NATIONAL BANK OF STERLING CITY, THE — 2002
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 41,928,000 | 38,916,000 | 36,535,000 | 37,208,000 |
| Total loans | 13,762,000 | 14,057,000 | 14,358,000 | 13,321,000 |
| Allowance for loan losses | 94,000 | 93,000 | 85,000 | 112,000 |
| Securities available for sale | 15,307,000 | 14,452,000 | 14,303,000 | 13,275,000 |
| Securities held to maturity | 6,902,000 | 6,873,000 | 4,620,000 | 4,837,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,989,000 | 31,713,000 | 28,986,000 | 29,993,000 |
| Interest-bearing deposits | 29,219,000 | 25,742,000 | 23,342,000 | 23,159,000 |
| Noninterest-bearing deposits | 5,770,000 | 5,971,000 | 5,644,000 | 6,834,000 |
| Equity capital | 6,811,000 | 7,065,000 | 7,332,000 | 6,882,000 |
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 | 528,000 | 1,063,000 | 1,584,000 | 2,068,000 |
| Interest expense | 67,000 | 129,000 | 180,000 | 219,000 |
| Net interest income | 461,000 | 934,000 | 1,404,000 | 1,849,000 |
| Noninterest income | 63,000 | 126,000 | 196,000 | 227,000 |
| Noninterest expense | 296,000 | 635,000 | 993,000 | 1,365,000 |
| Provision for loan losses | 0 | 0 | 0 | 24,000 |
| Pretax income | 228,000 | 425,000 | 607,000 | 687,000 |
| Income tax | 41,000 | 84,000 | 128,000 | 142,000 |
| Net income | 187,000 | 341,000 | 479,000 | 545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,702,000 | 6,857,000 | 6,995,000 | 6,538,000 |
| Total capital | 6,796,000 | 6,950,000 | 7,080,000 | 6,650,000 |
| Risk-weighted assets | 19,695,000 | 19,525,000 | 19,712,000 | 19,167,000 |