Call reports 2002
MITCHELL BANK — 2002
What MITCHELL 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 | 70,308,000 | 68,486,000 | 72,533,000 | 68,299,000 |
| Total loans | 55,807,000 | 55,233,000 | 55,113,000 | 56,255,000 |
| Allowance for loan losses | 736,000 | 762,000 | 650,000 | 669,000 |
| Securities available for sale | 5,788,000 | 5,379,000 | 4,870,000 | 4,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,375,000 | 57,504,000 | 62,526,000 | 57,761,000 |
| Interest-bearing deposits | 47,023,000 | 46,118,000 | 49,443,000 | 45,899,000 |
| Noninterest-bearing deposits | 12,352,000 | 11,386,000 | 13,083,000 | 11,862,000 |
| Equity capital | 8,178,000 | 8,277,000 | 8,303,000 | 8,178,000 |
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 | 1,127,000 | 2,242,000 | 3,359,000 | 4,428,000 |
| Interest expense | 322,000 | 616,000 | 911,000 | 1,174,000 |
| Net interest income | 805,000 | 1,626,000 | 2,448,000 | 3,254,000 |
| Noninterest income | 133,000 | 240,000 | 357,000 | 480,000 |
| Noninterest expense | 632,000 | 1,210,000 | 1,880,000 | 2,478,000 |
| Provision for loan losses | 20,000 | 50,000 | 80,000 | 444,000 |
| Pretax income | 286,000 | 606,000 | 845,000 | 812,000 |
| Income tax | 99,000 | 212,000 | 291,000 | 255,000 |
| Net income | 187,000 | 394,000 | 554,000 | 557,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,171,000 | 8,193,000 | 8,185,000 | 8,062,000 |
| Total capital | 8,893,000 | 8,907,000 | 8,835,000 | 8,731,000 |
| Risk-weighted assets | 57,728,000 | 57,035,000 | 57,575,000 | 57,759,000 |