Call reports 2002
CELTIC BANK CORPORATION — 2002
What CELTIC BANK CORPORATION 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 | 22,634,000 | 25,812,000 | 30,703,000 | 36,887,000 |
| Total loans | 16,187,000 | 23,128,000 | 27,951,000 | 32,089,000 |
| Allowance for loan losses | 189,000 | 260,000 | 340,000 | 348,000 |
| Securities available for sale | 0 | 0 | 0 | 10,000 |
| Securities held to maturity | 0 | 0 | 0 | 31,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,206,000 | 22,294,000 | 27,014,000 | 32,683,000 |
| Interest-bearing deposits | 18,776,000 | 21,513,000 | 25,683,000 | 31,021,000 |
| Noninterest-bearing deposits | 430,000 | 781,000 | 1,331,000 | 1,662,000 |
| Equity capital | 3,147,000 | 3,205,000 | 3,356,000 | 3,806,000 |
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 | 400,000 | 955,000 | 1,623,000 | 2,366,000 |
| Interest expense | 134,000 | 295,000 | 495,000 | 728,000 |
| Net interest income | 266,000 | 660,000 | 1,128,000 | 1,638,000 |
| Noninterest income | 211,000 | 456,000 | 813,000 | 1,176,000 |
| Noninterest expense | 502,000 | 1,012,000 | 1,552,000 | 2,149,000 |
| Provision for loan losses | 78,000 | 149,000 | 229,000 | 237,000 |
| Pretax income | -103,000 | -45,000 | 160,000 | 428,000 |
| Income tax | 0 | 0 | 54,000 | 29,000 |
| Net income | -103,000 | -45,000 | 106,000 | 399,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,147,000 | 3,205,000 | 3,356,000 | 3,806,000 |
| Total capital | 3,336,000 | 3,465,000 | 3,696,000 | 4,154,000 |
| Risk-weighted assets | 18,619,000 | 23,486,000 | 29,158,000 | 34,645,000 |