Call reports 2002
SOUTH STORY BANK & TRUST — 2002
What SOUTH STORY BANK & TRUST 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 | 47,422,000 | 47,229,000 | 47,557,000 | 48,002,000 |
| Total loans | 24,665,000 | 24,420,000 | 24,312,000 | 24,211,000 |
| Allowance for loan losses | 280,000 | 282,000 | 280,000 | 283,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,542,000 | 17,606,000 | 17,066,000 | 16,472,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,828,000 | 40,431,000 | 40,565,000 | 40,994,000 |
| Interest-bearing deposits | 36,292,000 | 36,585,000 | 36,604,000 | 36,684,000 |
| Noninterest-bearing deposits | 4,536,000 | 3,846,000 | 3,961,000 | 4,310,000 |
| Equity capital | 6,362,000 | 6,553,000 | 6,728,000 | 6,716,000 |
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 | 670,000 | 1,354,000 | 2,024,000 | 2,665,000 |
| Interest expense | 275,000 | 526,000 | 770,000 | 1,004,000 |
| Net interest income | 395,000 | 828,000 | 1,254,000 | 1,661,000 |
| Noninterest income | 54,000 | 105,000 | 165,000 | 220,000 |
| Noninterest expense | 219,000 | 451,000 | 672,000 | 925,000 |
| Provision for loan losses | 0 | 5,000 | 5,000 | 5,000 |
| Pretax income | 230,000 | 479,000 | 744,000 | 952,000 |
| Income tax | 56,000 | 114,000 | 204,000 | 254,000 |
| Net income | 174,000 | 365,000 | 540,000 | 698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,362,000 | 6,553,000 | 6,728,000 | 6,716,000 |
| Total capital | 6,642,000 | 6,835,000 | 7,008,000 | 6,999,000 |
| Risk-weighted assets | 31,241,000 | 31,341,000 | 31,487,000 | 30,898,000 |