Call reports 2002
EXCHANGE BANK OF FAIRFAX — 2002
What EXCHANGE BANK OF FAIRFAX 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 | 16,885,000 | 17,080,000 | 17,331,000 | 17,354,000 |
| Total loans | 2,706,000 | 3,241,000 | 3,402,000 | 3,475,000 |
| Allowance for loan losses | 380,000 | 380,000 | 380,000 | 380,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 13,810,000 | 13,262,000 | 12,841,000 | 12,307,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,257,000 | 13,883,000 | 14,092,000 | 14,256,000 |
| Interest-bearing deposits | 10,415,000 | 10,888,000 | 10,974,000 | 10,581,000 |
| Noninterest-bearing deposits | 2,842,000 | 2,995,000 | 3,118,000 | 3,675,000 |
| Equity capital | 3,000,000 | 3,000,000 | 3,001,000 | 3,001,000 |
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 | 230,000 | 450,000 | 661,000 | 867,000 |
| Interest expense | 61,000 | 116,000 | 167,000 | 214,000 |
| Net interest income | 169,000 | 334,000 | 494,000 | 653,000 |
| Noninterest income | 13,000 | 26,000 | 38,000 | 51,000 |
| Noninterest expense | 123,000 | 240,000 | 347,000 | 446,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 59,000 | 120,000 | 185,000 | 258,000 |
| Income tax | 17,000 | 33,000 | 51,000 | 73,000 |
| Net income | 42,000 | 87,000 | 134,000 | 185,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,000,000 | 3,000,000 | 3,001,000 | 3,001,000 |
| Total capital | 3,061,000 | 3,061,000 | 3,072,000 | 3,074,000 |
| Risk-weighted assets | 4,547,000 | 5,082,000 | 5,408,000 | 5,507,000 |