Call reports 2002
GROVE BANK — 2002
What GROVE 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 | 14,888,000 | 14,518,000 | 14,597,000 | 14,526,000 |
| Total loans | 8,943,000 | 9,543,000 | 9,145,000 | 8,529,000 |
| Allowance for loan losses | 192,000 | 192,000 | 193,000 | 194,000 |
| Securities available for sale | 3,810,000 | 2,864,000 | 3,461,000 | 2,872,000 |
| Securities held to maturity | 175,000 | 175,000 | 175,000 | 175,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,837,000 | 11,387,000 | 11,397,000 | 11,445,000 |
| Interest-bearing deposits | 10,209,000 | 9,802,000 | 9,380,000 | 9,549,000 |
| Noninterest-bearing deposits | 1,628,000 | 1,585,000 | 2,017,000 | 1,896,000 |
| Equity capital | 2,930,000 | 2,959,000 | 2,979,000 | 3,012,000 |
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 | 265,000 | 528,000 | 783,000 | 1,023,000 |
| Interest expense | 81,000 | 157,000 | 229,000 | 294,000 |
| Net interest income | 184,000 | 371,000 | 554,000 | 729,000 |
| Noninterest income | 32,000 | 59,000 | 90,000 | 116,000 |
| Noninterest expense | 166,000 | 341,000 | 519,000 | 702,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 50,000 | 89,000 | 125,000 | 143,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 50,000 | 89,000 | 125,000 | 143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,954,000 | 2,925,000 | 2,945,000 | 2,963,000 |
| Total capital | 3,076,000 | 3,051,000 | 3,073,000 | 3,084,000 |
| Risk-weighted assets | 9,690,000 | 10,003,000 | 10,169,000 | 9,574,000 |