Call reports 2002
FIRST BANK — 2002
What FIRST 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 | 89,917,000 | 85,034,000 | 82,701,000 | 102,830,000 |
| Total loans | 52,306,000 | 52,840,000 | 54,105,000 | 56,778,000 |
| Allowance for loan losses | 1,253,000 | 1,246,000 | 1,250,000 | 1,237,000 |
| Securities available for sale | 22,943,000 | 22,159,000 | 21,801,000 | 21,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,633,000 | 75,627,000 | 73,072,000 | 89,490,000 |
| Interest-bearing deposits | 71,994,000 | 67,665,000 | 65,001,000 | 70,546,000 |
| Noninterest-bearing deposits | 8,639,000 | 7,962,000 | 8,071,000 | 18,944,000 |
| Equity capital | 7,893,000 | 8,192,000 | 8,397,000 | 8,642,000 |
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 | 1,396,000 | 2,733,000 | 4,026,000 | 5,342,000 |
| Interest expense | 620,000 | 1,149,000 | 1,601,000 | 2,017,000 |
| Net interest income | 776,000 | 1,584,000 | 2,425,000 | 3,325,000 |
| Noninterest income | 142,000 | 244,000 | 357,000 | 476,000 |
| Noninterest expense | 619,000 | 1,274,000 | 1,945,000 | 2,609,000 |
| Provision for loan losses | 36,000 | 90,000 | 140,000 | 152,000 |
| Pretax income | 263,000 | 464,000 | 697,000 | 1,040,000 |
| Income tax | 89,000 | 158,000 | 237,000 | 359,000 |
| Net income | 174,000 | 306,000 | 460,000 | 681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,926,000 | 8,058,000 | 8,212,000 | 8,432,000 |
| Total capital | 8,584,000 | 8,709,000 | 8,867,000 | 9,172,000 |
| Risk-weighted assets | 52,056,000 | 51,480,000 | 51,783,000 | 58,703,000 |