Call reports 2002
FORWARD BANK — 2002
What FORWARD 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 | 120,421,000 | 121,961,000 | 124,479,000 | 124,335,000 |
| Total loans | 105,347,000 | 108,146,000 | 109,771,000 | 107,710,000 |
| Allowance for loan losses | 521,000 | 527,000 | 570,000 | 596,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,202,000 | 5,186,000 | 5,667,000 | 5,106,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,510,000 | 94,393,000 | 96,548,000 | 97,918,000 |
| Interest-bearing deposits | 87,967,000 | 89,965,000 | 92,108,000 | 92,580,000 |
| Noninterest-bearing deposits | 3,543,000 | 4,428,000 | 4,440,000 | 5,338,000 |
| Equity capital | 20,947,000 | 21,422,000 | 21,973,000 | 22,495,000 |
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 | 2,070,000 | 4,207,000 | 6,315,000 | 8,387,000 |
| Interest expense | 935,000 | 1,809,000 | 2,654,000 | 3,474,000 |
| Net interest income | 1,135,000 | 2,398,000 | 3,661,000 | 4,913,000 |
| Noninterest income | 91,000 | 193,000 | 413,000 | 600,000 |
| Noninterest expense | 616,000 | 1,178,000 | 1,736,000 | 2,308,000 |
| Provision for loan losses | 38,000 | 79,000 | 122,000 | 164,000 |
| Pretax income | 572,000 | 1,334,000 | 2,216,000 | 3,041,000 |
| Income tax | 216,000 | 503,000 | 834,000 | 1,137,000 |
| Net income | 356,000 | 831,000 | 1,382,000 | 1,904,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,947,000 | 21,422,000 | 21,973,000 | 22,495,000 |
| Total capital | 21,468,000 | 21,949,000 | 22,543,000 | 23,091,000 |
| Risk-weighted assets | 73,827,000 | 76,150,000 | 78,621,000 | 79,701,000 |