Call reports 2002
SLADE'S FERRY TRUST COMPANY — 2002
What SLADE'S FERRY TRUST COMPANY 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 | 387,721,000 | 399,522,000 | 399,621,000 | 393,725,000 |
| Total loans | 251,759,000 | 256,386,000 | 253,163,000 | 264,670,000 |
| Allowance for loan losses | 5,415,000 | 5,548,000 | 5,553,000 | 4,854,000 |
| Securities available for sale | 72,617,000 | 73,187,000 | 62,666,000 | 61,613,000 |
| Securities held to maturity | 14,796,000 | 14,452,000 | 14,479,000 | 13,696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 335,505,000 | 343,930,000 | 344,727,000 | 337,724,000 |
| Interest-bearing deposits | 265,966,000 | 273,205,000 | 271,862,000 | 263,554,000 |
| Noninterest-bearing deposits | 69,539,000 | 70,725,000 | 72,865,000 | 74,169,000 |
| Equity capital | 33,167,000 | 33,370,000 | 33,980,000 | 34,911,000 |
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 | 5,713,000 | 11,202,000 | 16,633,000 | 21,829,000 |
| Interest expense | 2,212,000 | 4,226,000 | 6,201,000 | 7,928,000 |
| Net interest income | 3,501,000 | 6,976,000 | 10,432,000 | 13,901,000 |
| Noninterest income | 465,000 | 896,000 | 1,345,000 | 1,853,000 |
| Noninterest expense | 2,729,000 | 5,481,000 | 8,200,000 | 11,215,000 |
| Provision for loan losses | 188,000 | 375,000 | 375,000 | -310,000 |
| Pretax income | 1,046,000 | 1,066,000 | 2,609,000 | 4,144,000 |
| Income tax | 283,000 | 227,000 | 545,000 | 1,152,000 |
| Net income | 763,000 | 839,000 | 2,064,000 | 2,992,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,919,000 | 30,621,000 | 31,052,000 | 31,491,000 |
| Total capital | 34,292,000 | 34,050,000 | 34,438,000 | 34,978,000 |
| Risk-weighted assets | 267,786,000 | 272,209,000 | 268,722,000 | 277,598,000 |