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Call reports 2002

GULF BANK — 2002

What GULF BANK reported to the FFIEC in 2002, quarter by quarter.

PERIOD: 2002SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/9de21f04-d099-4e3c-9936-2f4d3f9be4f6/2002

Balance sheet

What the bank holds and owes at quarter end

Measure2002Q12002Q22002Q32002Q4
Total assets103,407,000101,849,00093,672,00099,282,000
Total loans58,278,00057,381,00056,630,00050,279,000
Allowance for loan losses622,000597,000710,000599,000
Securities available for sale33,558,00027,980,00025,144,00029,285,000
Securities held to maturity1,583,0001,583,0001,583,0000
Trading assets0000
Total deposits87,224,00085,621,00079,372,00085,587,000
Interest-bearing deposits60,683,00059,490,00055,900,00065,147,000
Noninterest-bearing deposits26,541,00026,130,00023,472,00020,440,000
Equity capital9,624,0009,887,0009,675,0009,011,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2002Q12002Q22002Q32002Q4
Interest income1,667,0003,283,0004,809,0006,162,000
Interest expense494,000919,0001,350,0001,784,000
Net interest income1,173,0002,364,0003,459,0004,378,000
Noninterest income466,000877,0001,302,0001,720,000
Noninterest expense1,464,0002,921,0004,822,0006,793,000
Provision for loan losses75,000160,000265,000470,000
Pretax income114,000189,000-210,000-800,000
Income tax40,00069,000-73,000-133,000
Net income74,000120,000-137,000-667,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2002Q12002Q22002Q32002Q4
Tier 1 capital9,463,0009,490,0009,253,0008,722,000
Total capital10,085,00010,087,0009,963,0009,321,000
Risk-weighted assets63,260,00060,271,00063,157,00059,381,000