Call reports 2002
NEW FRONTIER BANK — 2002
What NEW FRONTIER 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 | 242,955,000 | 256,786,000 | 305,152,000 | 325,906,000 |
| Total loans | 197,721,000 | 211,107,000 | 225,996,000 | 229,527,000 |
| Allowance for loan losses | 2,311,000 | 2,341,000 | 2,297,000 | 2,695,000 |
| Securities available for sale | 16,102,000 | 21,011,000 | 32,223,000 | 49,531,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,240,000 | 205,954,000 | 253,432,000 | 268,615,000 |
| Interest-bearing deposits | 182,769,000 | 191,651,000 | 233,564,000 | 245,471,000 |
| Noninterest-bearing deposits | 15,471,000 | 14,303,000 | 19,868,000 | 23,144,000 |
| Equity capital | 19,385,000 | 20,608,000 | 21,517,000 | 25,673,000 |
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 | 4,632,000 | 9,579,000 | 14,698,000 | 20,014,000 |
| Interest expense | 2,216,000 | 4,456,000 | 6,797,000 | 9,438,000 |
| Net interest income | 2,416,000 | 5,123,000 | 7,901,000 | 10,576,000 |
| Noninterest income | 181,000 | 357,000 | 561,000 | 801,000 |
| Noninterest expense | 1,426,000 | 2,927,000 | 4,517,000 | 6,270,000 |
| Provision for loan losses | 60,000 | 140,000 | 403,000 | 833,000 |
| Pretax income | 1,111,000 | 2,413,000 | 3,542,000 | 4,274,000 |
| Income tax | 418,000 | 906,000 | 1,323,000 | 1,593,000 |
| Net income | 693,000 | 1,507,000 | 2,219,000 | 2,681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,504,000 | 20,444,000 | 21,168,000 | 25,320,000 |
| Total capital | 21,815,000 | 22,785,000 | 23,465,000 | 28,015,000 |
| Risk-weighted assets | 205,111,000 | 218,901,000 | 240,926,000 | 246,479,000 |