Call reports 2002
BAY PORT STATE BANK — 2002
What BAY PORT STATE 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 | 55,183,000 | 55,108,000 | 57,489,000 | 56,424,000 |
| Total loans | 46,830,000 | 47,012,000 | 47,643,000 | 44,659,000 |
| Allowance for loan losses | 529,000 | 524,000 | 519,000 | 562,000 |
| Securities available for sale | 2,146,000 | 2,292,000 | 3,662,000 | 3,262,000 |
| Securities held to maturity | 236,000 | 221,000 | 221,000 | 221,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,461,000 | 50,318,000 | 52,657,000 | 51,765,000 |
| Interest-bearing deposits | 43,750,000 | 42,801,000 | 45,294,000 | 44,079,000 |
| Noninterest-bearing deposits | 6,711,000 | 7,517,000 | 7,363,000 | 7,686,000 |
| Equity capital | 3,534,000 | 3,570,000 | 3,618,000 | 3,526,000 |
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 | 856,000 | 1,711,000 | 2,561,000 | 3,391,000 |
| Interest expense | 401,000 | 780,000 | 1,156,000 | 1,522,000 |
| Net interest income | 455,000 | 931,000 | 1,405,000 | 1,869,000 |
| Noninterest income | 26,000 | 47,000 | 85,000 | 139,000 |
| Noninterest expense | 457,000 | 893,000 | 1,365,000 | 1,891,000 |
| Provision for loan losses | 3,000 | 8,000 | 17,000 | 196,000 |
| Pretax income | 21,000 | 80,000 | 111,000 | -76,000 |
| Income tax | 7,000 | 28,000 | 39,000 | -35,000 |
| Net income | 14,000 | 52,000 | 72,000 | -41,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,535,000 | 3,573,000 | 3,623,000 | 3,467,000 |
| Total capital | 4,032,000 | 4,078,000 | 4,137,000 | 3,960,000 |
| Risk-weighted assets | 39,792,000 | 40,394,000 | 41,096,000 | 39,374,000 |