Call reports 2002
SOUTHEAST BANK — 2002
What SOUTHEAST BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Total assets | 27,095,000 | 36,159,000 | 46,581,000 |
| Total loans | 6,099,000 | 15,717,000 | 26,004,000 |
| Allowance for loan losses | 78,000 | 199,000 | 329,000 |
| Securities available for sale | 6,094,000 | 9,081,000 | 10,258,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 19,368,000 | 28,804,000 | 39,361,000 |
| Interest-bearing deposits | 18,345,000 | 27,435,000 | 37,347,000 |
| Noninterest-bearing deposits | 1,023,000 | 1,369,000 | 2,014,000 |
| Equity capital | 7,647,000 | 7,244,000 | 6,969,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Interest income | 123,000 | 458,000 | 935,000 |
| Interest expense | 67,000 | 255,000 | 476,000 |
| Net interest income | 56,000 | 203,000 | 459,000 |
| Noninterest income | 11,000 | 54,000 | 107,000 |
| Noninterest expense | 767,000 | 1,307,000 | 1,833,000 |
| Provision for loan losses | 78,000 | 201,000 | 336,000 |
| Pretax income | -778,000 | -1,251,000 | -1,603,000 |
| Income tax | 8,000 | 0 | 0 |
| Net income | -786,000 | -1,251,000 | -1,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Tier 1 capital | 7,626,000 | 7,091,000 | 6,845,000 |
| Total capital | 7,704,000 | 7,290,000 | 7,174,000 |
| Risk-weighted assets | 11,144,000 | 19,536,000 | 29,093,000 |