Call reports 2002
SPECTRA BANK — 2002
What SPECTRA 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 | 36,583,000 | 36,668,000 | 35,828,000 | 36,937,000 |
| Total loans | 22,991,000 | 22,306,000 | 21,841,000 | 22,144,000 |
| Allowance for loan losses | 236,000 | 223,000 | 227,000 | 222,000 |
| Securities available for sale | 1,981,000 | 2,441,000 | 1,035,000 | 1,035,000 |
| Securities held to maturity | 1,691,000 | 1,687,000 | 1,683,000 | 1,679,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,660,000 | 33,797,000 | 32,915,000 | 33,973,000 |
| Interest-bearing deposits | 16,936,000 | 19,140,000 | 19,189,000 | 19,288,000 |
| Noninterest-bearing deposits | 16,724,000 | 14,657,000 | 13,726,000 | 14,685,000 |
| Equity capital | 2,671,000 | 2,801,000 | 2,837,000 | 2,788,000 |
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 | 515,000 | 1,008,000 | 1,479,000 | 1,955,000 |
| Interest expense | 96,000 | 189,000 | 280,000 | 359,000 |
| Net interest income | 419,000 | 819,000 | 1,199,000 | 1,596,000 |
| Noninterest income | 176,000 | 331,000 | 524,000 | 710,000 |
| Noninterest expense | 404,000 | 811,000 | 1,227,000 | 1,714,000 |
| Provision for loan losses | 0 | 49,000 | 49,000 | 66,000 |
| Pretax income | 191,000 | 294,000 | 452,000 | 531,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 191,000 | 294,000 | 452,000 | 531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,745,000 | 2,779,000 | 2,793,000 | 2,788,000 |
| Total capital | 2,981,000 | 3,002,000 | 3,020,000 | 3,010,000 |
| Risk-weighted assets | 24,969,000 | 23,809,000 | 23,110,000 | 23,398,000 |