Call reports 2002
HAPPY STATE BANK — 2002
What HAPPY STATE 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 | 121,972,000 | 123,177,000 | 128,450,000 | 135,263,000 |
| Total loans | 82,889,000 | 85,698,000 | 89,793,000 | 99,907,000 |
| Allowance for loan losses | 819,000 | 845,000 | 891,000 | 937,000 |
| Securities available for sale | 22,960,000 | 23,147,000 | 22,506,000 | 17,923,000 |
| Securities held to maturity | 765,000 | 1,660,000 | 1,660,000 | 1,660,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,186,000 | 103,425,000 | 100,386,000 | 109,082,000 |
| Interest-bearing deposits | 83,573,000 | 78,242,000 | 74,516,000 | 79,524,000 |
| Noninterest-bearing deposits | 24,613,000 | 25,183,000 | 25,870,000 | 29,558,000 |
| Equity capital | 10,246,000 | 10,928,000 | 11,389,000 | 11,600,000 |
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 | 1,847,000 | 3,716,000 | 5,576,000 | 7,478,000 |
| Interest expense | 439,000 | 793,000 | 1,146,000 | 1,511,000 |
| Net interest income | 1,408,000 | 2,923,000 | 4,430,000 | 5,967,000 |
| Noninterest income | 566,000 | 1,118,000 | 1,709,000 | 2,386,000 |
| Noninterest expense | 1,404,000 | 2,819,000 | 4,406,000 | 6,185,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 495,000 | 1,072,000 | 1,622,000 | 2,051,000 |
| Income tax | 161,000 | 367,000 | 552,000 | 700,000 |
| Net income | 334,000 | 705,000 | 1,070,000 | 1,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,136,000 | 10,507,000 | 10,872,000 | 11,153,000 |
| Total capital | 10,955,000 | 11,352,000 | 11,763,000 | 12,090,000 |
| Risk-weighted assets | 86,473,000 | 87,251,000 | 90,951,000 | 99,789,000 |