Call reports 2002
DISCOVERY BANK — 2002
What DISCOVERY 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 | 21,413,000 | 28,133,000 | 36,921,000 | 41,955,000 |
| Total loans | 16,587,000 | 23,900,000 | 33,392,000 | 37,673,000 |
| Allowance for loan losses | 208,000 | 299,000 | 421,000 | 472,000 |
| Securities available for sale | 1,279,000 | 1,261,000 | 946,000 | 654,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,763,000 | 21,595,000 | 30,495,000 | 35,395,000 |
| Interest-bearing deposits | 11,911,000 | 17,734,000 | 26,086,000 | 29,891,000 |
| Noninterest-bearing deposits | 2,851,000 | 3,862,000 | 4,409,000 | 5,505,000 |
| Equity capital | 6,597,000 | 6,414,000 | 6,303,000 | 6,178,000 |
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 | 253,000 | 629,000 | 1,181,000 | 1,806,000 |
| Interest expense | 50,000 | 145,000 | 296,000 | 496,000 |
| Net interest income | 203,000 | 484,000 | 885,000 | 1,310,000 |
| Noninterest income | 7,000 | 23,000 | 107,000 | 133,000 |
| Noninterest expense | 362,000 | 770,000 | 1,252,000 | 1,779,000 |
| Provision for loan losses | 127,000 | 218,000 | 340,000 | 391,000 |
| Pretax income | -279,000 | -481,000 | -600,000 | -727,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -279,000 | -482,000 | -601,000 | -728,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,613,000 | 6,411,000 | 6,303,000 | 6,164,000 |
| Total capital | 6,820,000 | 6,705,000 | 6,712,000 | 6,636,000 |
| Risk-weighted assets | 16,560,000 | 23,534,000 | 32,716,000 | 39,436,000 |