Call reports 2002
FBT BANK & MORTGAGE — 2002
What FBT BANK & MORTGAGE 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 | 68,740,000 | 70,315,000 | 74,083,000 | 77,753,000 |
| Total loans | 51,322,000 | 54,878,000 | 58,016,000 | 57,382,000 |
| Allowance for loan losses | 613,000 | 604,000 | 587,000 | 765,000 |
| Securities available for sale | 7,464,000 | 7,368,000 | 7,070,000 | 10,536,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,445,000 | 63,811,000 | 64,580,000 | 68,998,000 |
| Interest-bearing deposits | 53,268,000 | 55,278,000 | 54,910,000 | 59,021,000 |
| Noninterest-bearing deposits | 9,177,000 | 8,533,000 | 9,670,000 | 9,977,000 |
| Equity capital | 5,982,000 | 6,217,000 | 6,572,000 | 6,419,000 |
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 | 1,085,000 | 2,186,000 | 3,334,000 | 4,486,000 |
| Interest expense | 322,000 | 675,000 | 1,019,000 | 1,393,000 |
| Net interest income | 763,000 | 1,511,000 | 2,315,000 | 3,093,000 |
| Noninterest income | 114,000 | 242,000 | 427,000 | 587,000 |
| Noninterest expense | 545,000 | 1,150,000 | 1,749,000 | 2,516,000 |
| Provision for loan losses | 0 | 0 | 0 | 200,000 |
| Pretax income | 332,000 | 603,000 | 993,000 | 964,000 |
| Income tax | 64,000 | 129,000 | 193,000 | 309,000 |
| Net income | 268,000 | 474,000 | 800,000 | 655,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,941,000 | 6,148,000 | 6,474,000 | 6,343,000 |
| Total capital | 6,527,000 | 6,752,000 | 7,061,000 | 6,998,000 |
| Risk-weighted assets | 46,892,000 | 49,591,000 | 52,004,000 | 52,260,000 |