Call reports 2002
LORAIN NATIONAL BANK, THE — 2002
What LORAIN NATIONAL BANK, THE 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 | 658,007,000 | 690,733,000 | 707,567,000 | 711,959,000 |
| Total loans | 489,577,000 | 499,102,000 | 501,449,000 | 509,550,000 |
| Allowance for loan losses | 6,269,000 | 6,140,000 | 6,557,000 | 6,653,000 |
| Securities available for sale | 115,248,000 | 131,046,000 | 139,510,000 | 137,742,000 |
| Securities held to maturity | 13,177,000 | 11,915,000 | 11,842,000 | 10,648,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 523,534,000 | 554,677,000 | 568,801,000 | 568,080,000 |
| Interest-bearing deposits | 445,340,000 | 469,149,000 | 480,424,000 | 485,248,000 |
| Noninterest-bearing deposits | 78,194,000 | 85,528,000 | 88,377,000 | 82,832,000 |
| Equity capital | 54,684,000 | 56,600,000 | 58,217,000 | 59,084,000 |
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 | 10,171,000 | 20,630,000 | 31,035,000 | 41,302,000 |
| Interest expense | 3,173,000 | 6,416,000 | 9,557,000 | 12,368,000 |
| Net interest income | 6,998,000 | 14,214,000 | 21,478,000 | 28,934,000 |
| Noninterest income | 2,634,000 | 4,740,000 | 7,226,000 | 9,727,000 |
| Noninterest expense | 5,851,000 | 11,694,000 | 17,413,000 | 23,571,000 |
| Provision for loan losses | 600,000 | 1,125,000 | 1,725,000 | 2,200,000 |
| Pretax income | 3,181,000 | 6,675,000 | 10,166,000 | 13,622,000 |
| Income tax | 1,022,000 | 2,181,000 | 3,258,000 | 4,287,000 |
| Net income | 2,159,000 | 4,494,000 | 6,908,000 | 9,335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,901,000 | 52,230,000 | 53,638,000 | 54,706,000 |
| Total capital | 61,078,000 | 62,370,000 | 64,195,000 | 65,359,000 |
| Risk-weighted assets | 494,043,000 | 509,192,000 | 526,519,000 | 533,531,000 |