Call reports 2002
MIDDLESEX BANK & TRUST COMPANY — 2002
What MIDDLESEX BANK & TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Total assets | 41,052,000 | 49,595,000 |
| Total loans | 25,629,000 | 33,775,000 |
| Allowance for loan losses | 360,000 | 495,000 |
| Securities available for sale | 11,800,000 | 11,752,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 32,297,000 | 34,378,000 |
| Interest-bearing deposits | 27,787,000 | 28,262,000 |
| Noninterest-bearing deposits | 4,510,000 | 6,116,000 |
| Equity capital | 4,939,000 | 4,939,000 |
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 |
|---|---|---|
| Interest income | 610,000 | 1,293,000 |
| Interest expense | 273,000 | 529,000 |
| Net interest income | 337,000 | 764,000 |
| Noninterest income | 15,000 | 32,000 |
| Noninterest expense | 444,000 | 1,022,000 |
| Provision for loan losses | 12,000 | 85,000 |
| Pretax income | -104,000 | -311,000 |
| Income tax | 0 | 1,000 |
| Net income | -104,000 | -312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Tier 1 capital | 4,923,000 | 4,705,000 |
| Total capital | 5,283,000 | 5,200,000 |
| Risk-weighted assets | 35,901,000 | 41,157,000 |