Call reports 2002
STATE BANK OF FAIRMONT — 2002
What STATE BANK OF FAIRMONT 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 | 61,850,000 | 60,830,000 | 62,867,000 | 63,423,000 |
| Total loans | 40,177,000 | 43,253,000 | 43,780,000 | 41,960,000 |
| Allowance for loan losses | 522,000 | 739,000 | 831,000 | 828,000 |
| Securities available for sale | 17,297,000 | 12,455,000 | 13,120,000 | 15,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,618,000 | 50,891,000 | 53,006,000 | 54,579,000 |
| Interest-bearing deposits | 46,943,000 | 47,548,000 | 49,495,000 | 50,689,000 |
| Noninterest-bearing deposits | 3,675,000 | 3,343,000 | 3,511,000 | 3,890,000 |
| Equity capital | 6,615,000 | 6,719,000 | 6,982,000 | 7,120,000 |
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 | 1,030,000 | 2,166,000 | 3,156,000 | 4,150,000 |
| Interest expense | 511,000 | 955,000 | 1,388,000 | 1,836,000 |
| Net interest income | 519,000 | 1,211,000 | 1,768,000 | 2,314,000 |
| Noninterest income | 329,000 | 352,000 | 385,000 | 436,000 |
| Noninterest expense | 303,000 | 600,000 | 917,000 | 1,475,000 |
| Provision for loan losses | 30,000 | 260,000 | 390,000 | 420,000 |
| Pretax income | 193,000 | 36,000 | 153,000 | 286,000 |
| Income tax | 56,000 | 0 | 12,000 | 31,000 |
| Net income | 137,000 | 36,000 | 141,000 | 255,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,992,000 | 6,879,000 | 6,996,000 | 7,109,000 |
| Total capital | 7,513,000 | 7,618,000 | 7,692,000 | 7,749,000 |
| Risk-weighted assets | 64,725,000 | 66,240,000 | 55,576,000 | 50,981,000 |