Call reports 2002
HEIGHTS BANK, THE — 2002
What HEIGHTS BANK, THE 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 | 36,989,000 | 37,877,000 | 37,427,000 | 38,542,000 |
| Total loans | 28,418,000 | 29,872,000 | 29,871,000 | 29,744,000 |
| Allowance for loan losses | 451,000 | 466,000 | 481,000 | 488,000 |
| Securities available for sale | 1,004,000 | 1,018,000 | 1,028,000 | 1,029,000 |
| Securities held to maturity | 3,963,000 | 4,027,000 | 3,754,000 | 2,507,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,127,000 | 31,136,000 | 30,497,000 | 31,426,000 |
| Interest-bearing deposits | 26,956,000 | 27,084,000 | 26,327,000 | 27,274,000 |
| Noninterest-bearing deposits | 4,171,000 | 4,052,000 | 4,170,000 | 4,152,000 |
| Equity capital | 3,687,000 | 3,620,000 | 3,778,000 | 3,904,000 |
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 | 659,000 | 1,311,000 | 1,972,000 | 2,620,000 |
| Interest expense | 249,000 | 483,000 | 704,000 | 912,000 |
| Net interest income | 410,000 | 828,000 | 1,268,000 | 1,708,000 |
| Noninterest income | 34,000 | 70,000 | 108,000 | 144,000 |
| Noninterest expense | 204,000 | 421,000 | 632,000 | 845,000 |
| Provision for loan losses | 20,000 | 39,000 | 59,000 | 78,000 |
| Pretax income | 220,000 | 438,000 | 685,000 | 929,000 |
| Income tax | 7,000 | 7,000 | 7,000 | 7,000 |
| Net income | 213,000 | 431,000 | 678,000 | 922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,693,000 | 3,611,000 | 3,758,000 | 3,882,000 |
| Total capital | 3,967,000 | 3,901,000 | 4,049,000 | 4,174,000 |
| Risk-weighted assets | 21,755,000 | 22,997,000 | 23,128,000 | 23,196,000 |