Call reports 2002
NEW CENTURY BANK — 2002
What NEW CENTURY BANK 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 | 16,278,000 | 16,277,000 | 17,351,000 | 17,259,000 |
| Total loans | 8,444,000 | 8,343,000 | 8,149,000 | 7,977,000 |
| Allowance for loan losses | 144,000 | 154,000 | 154,000 | 179,000 |
| Securities available for sale | 3,107,000 | 4,898,000 | 5,389,000 | 4,854,000 |
| Securities held to maturity | 240,000 | 240,000 | 491,000 | 491,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,249,000 | 14,198,000 | 15,156,000 | 15,127,000 |
| Interest-bearing deposits | 12,504,000 | 12,585,000 | 13,313,000 | 13,152,000 |
| Noninterest-bearing deposits | 1,745,000 | 1,613,000 | 1,843,000 | 1,975,000 |
| Equity capital | 1,949,000 | 1,991,000 | 2,065,000 | 2,030,000 |
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 | 250,000 | 509,000 | 767,000 | 993,000 |
| Interest expense | 102,000 | 197,000 | 292,000 | 380,000 |
| Net interest income | 148,000 | 312,000 | 475,000 | 613,000 |
| Noninterest income | 23,000 | 46,000 | 67,000 | 97,000 |
| Noninterest expense | 147,000 | 300,000 | 460,000 | 608,000 |
| Provision for loan losses | 0 | 0 | 0 | 83,000 |
| Pretax income | 21,000 | 55,000 | 79,000 | 16,000 |
| Income tax | 7,000 | 19,000 | 19,000 | 5,000 |
| Net income | 14,000 | 36,000 | 60,000 | 11,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,915,000 | 1,917,000 | 1,966,000 | 1,919,000 |
| Total capital | 2,031,000 | 2,033,000 | 2,084,000 | 2,034,000 |
| Risk-weighted assets | 9,278,000 | 9,247,000 | 9,416,000 | 9,160,000 |