Call reports 2002
GULF BANK — 2002
What GULF 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 | 103,407,000 | 101,849,000 | 93,672,000 | 99,282,000 |
| Total loans | 58,278,000 | 57,381,000 | 56,630,000 | 50,279,000 |
| Allowance for loan losses | 622,000 | 597,000 | 710,000 | 599,000 |
| Securities available for sale | 33,558,000 | 27,980,000 | 25,144,000 | 29,285,000 |
| Securities held to maturity | 1,583,000 | 1,583,000 | 1,583,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,224,000 | 85,621,000 | 79,372,000 | 85,587,000 |
| Interest-bearing deposits | 60,683,000 | 59,490,000 | 55,900,000 | 65,147,000 |
| Noninterest-bearing deposits | 26,541,000 | 26,130,000 | 23,472,000 | 20,440,000 |
| Equity capital | 9,624,000 | 9,887,000 | 9,675,000 | 9,011,000 |
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 | 1,667,000 | 3,283,000 | 4,809,000 | 6,162,000 |
| Interest expense | 494,000 | 919,000 | 1,350,000 | 1,784,000 |
| Net interest income | 1,173,000 | 2,364,000 | 3,459,000 | 4,378,000 |
| Noninterest income | 466,000 | 877,000 | 1,302,000 | 1,720,000 |
| Noninterest expense | 1,464,000 | 2,921,000 | 4,822,000 | 6,793,000 |
| Provision for loan losses | 75,000 | 160,000 | 265,000 | 470,000 |
| Pretax income | 114,000 | 189,000 | -210,000 | -800,000 |
| Income tax | 40,000 | 69,000 | -73,000 | -133,000 |
| Net income | 74,000 | 120,000 | -137,000 | -667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,463,000 | 9,490,000 | 9,253,000 | 8,722,000 |
| Total capital | 10,085,000 | 10,087,000 | 9,963,000 | 9,321,000 |
| Risk-weighted assets | 63,260,000 | 60,271,000 | 63,157,000 | 59,381,000 |