Call reports 2002
MECHANICS COOPERATIVE BANK — 2002
What MECHANICS COOPERATIVE 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 | 96,965,000 | 101,349,000 | 103,217,000 | 108,893,000 |
| Total loans | 65,908,000 | 69,099,000 | 72,370,000 | 57,216,000 |
| Allowance for loan losses | 518,000 | 511,000 | 499,000 | 484,000 |
| Securities available for sale | 23,074,000 | 22,658,000 | 22,749,000 | 35,975,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,430,000 | 91,402,000 | 93,238,000 | 97,930,000 |
| Interest-bearing deposits | 81,267,000 | 84,775,000 | 87,203,000 | 93,724,000 |
| Noninterest-bearing deposits | 6,163,000 | 6,627,000 | 6,035,000 | 4,206,000 |
| Equity capital | 8,954,000 | 9,326,000 | 9,575,000 | 10,039,000 |
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 | 1,586,000 | 3,245,000 | 4,924,000 | 6,474,000 |
| Interest expense | 578,000 | 1,147,000 | 1,703,000 | 2,244,000 |
| Net interest income | 1,008,000 | 2,098,000 | 3,221,000 | 4,230,000 |
| Noninterest income | 34,000 | 101,000 | 138,000 | 711,000 |
| Noninterest expense | 689,000 | 1,481,000 | 2,255,000 | 2,969,000 |
| Provision for loan losses | 14,000 | 20,000 | 26,000 | 32,000 |
| Pretax income | 339,000 | 698,000 | 1,081,000 | 1,945,000 |
| Income tax | 132,000 | 234,000 | 383,000 | 721,000 |
| Net income | 207,000 | 464,000 | 698,000 | 1,224,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,861,000 | 9,150,000 | 9,388,000 | 9,896,000 |
| Total capital | 9,379,000 | 9,661,000 | 9,887,000 | 10,380,000 |
| Risk-weighted assets | 53,230,000 | 56,675,000 | 56,452,000 | 52,737,000 |