Call reports 2002
FIRST & OCEAN NATIONAL BANK — 2002
What FIRST & OCEAN NATIONAL 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 | 233,270,000 | 242,646,000 | 248,179,000 | 250,099,000 |
| Total loans | 163,122,000 | 174,727,000 | 182,664,000 | 189,831,000 |
| Allowance for loan losses | 2,301,000 | 2,410,000 | 2,571,000 | 2,471,000 |
| Securities available for sale | 35,815,000 | 38,099,000 | 28,899,000 | 36,967,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,786,000 | 198,642,000 | 202,849,000 | 209,249,000 |
| Interest-bearing deposits | 166,267,000 | 173,598,000 | 176,310,000 | 180,684,000 |
| Noninterest-bearing deposits | 24,519,000 | 25,044,000 | 26,539,000 | 28,565,000 |
| Equity capital | 17,842,000 | 18,677,000 | 19,608,000 | 20,204,000 |
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 | 3,467,000 | 7,091,000 | 10,735,000 | 14,271,000 |
| Interest expense | 1,185,000 | 2,320,000 | 3,496,000 | 4,567,000 |
| Net interest income | 2,282,000 | 4,771,000 | 7,239,000 | 9,704,000 |
| Noninterest income | 549,000 | 854,000 | 1,367,000 | 1,978,000 |
| Noninterest expense | 1,805,000 | 3,736,000 | 5,709,000 | 7,875,000 |
| Provision for loan losses | 119,000 | 238,000 | 326,000 | 380,000 |
| Pretax income | 968,000 | 1,712,000 | 2,728,000 | 3,590,000 |
| Income tax | 347,000 | 600,000 | 982,000 | 1,291,000 |
| Net income | 621,000 | 1,112,000 | 1,746,000 | 2,299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,572,000 | 18,117,000 | 18,752,000 | 19,302,000 |
| Total capital | 19,500,000 | 20,148,000 | 20,855,000 | 21,464,000 |
| Risk-weighted assets | 153,858,000 | 162,016,000 | 167,526,000 | 172,637,000 |