Call reports 2002
PREMIERWEST BANK — 2002
What PREMIERWEST 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 | 487,191,000 | 489,824,000 | 519,479,000 | 513,953,000 |
| Total loans | 366,336,000 | 384,156,000 | 388,543,000 | 396,963,000 |
| Allowance for loan losses | 5,142,000 | 5,202,000 | 5,283,000 | 4,838,000 |
| Securities available for sale | 61,216,000 | 42,928,000 | 37,138,000 | 41,597,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 428,310,000 | 420,490,000 | 435,436,000 | 428,651,000 |
| Interest-bearing deposits | 347,866,000 | 334,962,000 | 343,968,000 | 336,727,000 |
| Noninterest-bearing deposits | 80,444,000 | 85,528,000 | 91,468,000 | 91,924,000 |
| Equity capital | 43,463,000 | 45,882,000 | 47,107,000 | 48,342,000 |
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 | 8,163,000 | 16,209,000 | 24,284,000 | 32,353,000 |
| Interest expense | 2,458,000 | 4,565,000 | 6,590,000 | 8,505,000 |
| Net interest income | 5,705,000 | 11,644,000 | 17,694,000 | 23,848,000 |
| Noninterest income | 1,091,000 | 2,319,000 | 3,609,000 | 5,193,000 |
| Noninterest expense | 5,278,000 | 10,569,000 | 16,007,000 | 21,634,000 |
| Provision for loan losses | 292,000 | 587,000 | 812,000 | 1,037,000 |
| Pretax income | 1,371,000 | 3,092,000 | 4,774,000 | 6,674,000 |
| Income tax | 477,000 | 1,023,000 | 1,575,000 | 2,169,000 |
| Net income | 894,000 | 1,970,000 | 3,100,000 | 4,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,778,000 | 37,953,000 | 39,108,000 | 40,438,000 |
| Total capital | 40,810,000 | 43,155,000 | 44,391,000 | 45,276,000 |
| Risk-weighted assets | 402,442,000 | 419,923,000 | 432,431,000 | 437,818,000 |