Call reports 2002
INDEPENDENT COMMUNITY BANK — 2002
What INDEPENDENT COMMUNITY 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 | 36,546,000 | 34,644,000 | 36,736,000 | 43,998,000 |
| Total loans | 20,060,000 | 23,263,000 | 22,330,000 | 27,231,000 |
| Allowance for loan losses | 210,000 | 221,000 | 230,000 | 261,000 |
| Securities available for sale | 8,825,000 | 6,966,000 | 6,013,000 | 7,370,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,809,000 | 24,104,000 | 24,636,000 | 31,266,000 |
| Interest-bearing deposits | 19,215,000 | 18,568,000 | 19,541,000 | 23,130,000 |
| Noninterest-bearing deposits | 6,594,000 | 5,536,000 | 5,095,000 | 8,136,000 |
| Equity capital | 4,306,000 | 4,476,000 | 4,457,000 | 4,470,000 |
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 | 481,000 | 973,000 | 1,449,000 | 1,905,000 |
| Interest expense | 183,000 | 356,000 | 530,000 | 679,000 |
| Net interest income | 298,000 | 617,000 | 919,000 | 1,226,000 |
| Noninterest income | 15,000 | 36,000 | 67,000 | 106,000 |
| Noninterest expense | 325,000 | 662,000 | 1,014,000 | 1,346,000 |
| Provision for loan losses | 0 | -89,000 | -80,000 | -49,000 |
| Pretax income | 38,000 | 148,000 | 173,000 | 162,000 |
| Income tax | 14,000 | 56,000 | 66,000 | 62,000 |
| Net income | 24,000 | 92,000 | 107,000 | 100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,441,000 | 3,615,000 | 3,617,000 | 3,620,000 |
| Total capital | 3,651,000 | 3,836,000 | 3,847,000 | 3,881,000 |
| Risk-weighted assets | 21,684,000 | 23,386,000 | 23,952,000 | 29,776,000 |