Call reports 2001
FIRST & OCEAN NATIONAL BANK — 2001
What FIRST & OCEAN NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 211,059,000 | 220,477,000 | 223,542,000 | 232,398,000 |
| Total loans | 160,981,000 | 161,653,000 | 163,329,000 | 163,953,000 |
| Allowance for loan losses | 2,186,000 | 2,288,000 | 2,249,000 | 2,218,000 |
| Securities available for sale | 33,766,000 | 28,673,000 | 42,102,000 | 39,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,267,000 | 186,655,000 | 187,897,000 | 193,249,000 |
| Interest-bearing deposits | 156,416,000 | 162,997,000 | 161,181,000 | 168,353,000 |
| Noninterest-bearing deposits | 21,851,000 | 23,658,000 | 26,716,000 | 24,896,000 |
| Equity capital | 15,553,000 | 15,865,000 | 16,918,000 | 17,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,234,000 | 8,340,000 | 12,292,000 | 16,022,000 |
| Interest expense | 1,920,000 | 3,725,000 | 5,411,000 | 6,721,000 |
| Net interest income | 2,314,000 | 4,615,000 | 6,881,000 | 9,301,000 |
| Noninterest income | 363,000 | 887,000 | 1,380,000 | 1,937,000 |
| Noninterest expense | 1,664,000 | 3,559,000 | 5,462,000 | 7,337,000 |
| Provision for loan losses | 108,000 | 216,000 | 216,000 | 216,000 |
| Pretax income | 905,000 | 1,750,000 | 2,506,000 | 3,500,000 |
| Income tax | 316,000 | 607,000 | 871,000 | 1,256,000 |
| Net income | 589,000 | 1,143,000 | 1,635,000 | 2,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,302,000 | 15,850,000 | 16,340,000 | 16,948,000 |
| Total capital | 17,289,000 | 17,789,000 | 18,238,000 | 18,876,000 |
| Risk-weighted assets | 158,313,000 | 154,884,000 | 151,446,000 | 153,981,000 |