Call reports 2001
PACESETTER BANK — 2001
What PACESETTER BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 96,124,000 | 97,858,000 | 98,621,000 | 99,527,000 |
| Total loans | 62,345,000 | 60,700,000 | 60,439,000 | 58,482,000 |
| Allowance for loan losses | 655,000 | 682,000 | 663,000 | 652,000 |
| Securities available for sale | 8,660,000 | 5,659,000 | 6,238,000 | 6,185,000 |
| Securities held to maturity | 7,780,000 | 7,989,000 | 8,508,000 | 9,750,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,928,000 | 86,526,000 | 87,241,000 | 88,329,000 |
| Interest-bearing deposits | 73,106,000 | 77,579,000 | 77,847,000 | 78,314,000 |
| Noninterest-bearing deposits | 9,822,000 | 8,947,000 | 9,394,000 | 10,015,000 |
| Equity capital | 11,216,000 | 9,570,000 | 9,586,000 | 9,649,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,733,000 | 3,401,000 | 5,008,000 | 6,519,000 |
| Interest expense | 810,000 | 1,611,000 | 2,378,000 | 3,063,000 |
| Net interest income | 923,000 | 1,790,000 | 2,630,000 | 3,456,000 |
| Noninterest income | 203,000 | 401,000 | 550,000 | 756,000 |
| Noninterest expense | 844,000 | 1,663,000 | 2,596,000 | 3,391,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 252,000 | 453,000 | 464,000 | 664,000 |
| Income tax | 56,000 | 108,000 | 120,000 | 166,000 |
| Net income | 196,000 | 345,000 | 344,000 | 498,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,141,000 | 9,490,000 | 9,430,000 | 9,526,000 |
| Total capital | 11,843,000 | 10,221,000 | 10,145,000 | 10,232,000 |
| Risk-weighted assets | 55,888,000 | 54,616,000 | 54,227,000 | 54,453,000 |