Call reports 2002
FUSION BANK — 2002
What FUSION 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 | 89,424,000 | 88,494,000 | 89,189,000 | 91,595,000 |
| Total loans | 45,042,000 | 45,056,000 | 44,751,000 | 42,575,000 |
| Allowance for loan losses | 535,000 | 574,000 | 445,000 | 407,000 |
| Securities available for sale | 30,456,000 | 29,590,000 | 28,332,000 | 27,412,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,397,000 | 76,757,000 | 76,363,000 | 78,809,000 |
| Interest-bearing deposits | 71,256,000 | 70,674,000 | 69,324,000 | 71,243,000 |
| Noninterest-bearing deposits | 7,141,000 | 6,083,000 | 7,039,000 | 7,566,000 |
| Equity capital | 8,496,000 | 9,072,000 | 9,156,000 | 9,294,000 |
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 | 1,261,000 | 2,458,000 | 3,677,000 | 4,853,000 |
| Interest expense | 457,000 | 903,000 | 1,317,000 | 1,687,000 |
| Net interest income | 804,000 | 1,555,000 | 2,360,000 | 3,166,000 |
| Noninterest income | 239,000 | 493,000 | 661,000 | 803,000 |
| Noninterest expense | 681,000 | 1,383,000 | 2,088,000 | 2,832,000 |
| Provision for loan losses | 60,000 | 100,000 | 500,000 | 500,000 |
| Pretax income | 302,000 | 565,000 | 731,000 | 935,000 |
| Income tax | 101,000 | 189,000 | 239,000 | 304,000 |
| Net income | 201,000 | 376,000 | 492,000 | 631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,724,000 | 5,954,000 | 5,944,000 | 6,136,000 |
| Total capital | 6,259,000 | 6,528,000 | 6,389,000 | 6,543,000 |
| Risk-weighted assets | 52,933,000 | 52,838,000 | 52,673,000 | 51,502,000 |