Call reports 2002
STATE BANK OF TOWER — 2002
What STATE BANK OF TOWER 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 | 41,832,000 | 42,124,000 | 46,322,000 | 45,796,000 |
| Total loans | 32,958,000 | 34,143,000 | 35,077,000 | 33,316,000 |
| Allowance for loan losses | 310,000 | 314,000 | 315,000 | 316,000 |
| Securities available for sale | 100,000 | 100,000 | 101,000 | 101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,757,000 | 39,040,000 | 43,204,000 | 42,473,000 |
| Interest-bearing deposits | 30,751,000 | 29,910,000 | 33,257,000 | 33,431,000 |
| Noninterest-bearing deposits | 8,006,000 | 9,130,000 | 9,947,000 | 9,042,000 |
| Equity capital | 3,019,000 | 3,040,000 | 3,079,000 | 3,287,000 |
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 | 700,000 | 1,403,000 | 2,153,000 | 2,881,000 |
| Interest expense | 187,000 | 367,000 | 548,000 | 707,000 |
| Net interest income | 513,000 | 1,036,000 | 1,605,000 | 2,174,000 |
| Noninterest income | 77,000 | 166,000 | 247,000 | 409,000 |
| Noninterest expense | 330,000 | 625,000 | 994,000 | 1,319,000 |
| Provision for loan losses | 17,000 | 23,000 | 29,000 | 35,000 |
| Pretax income | 243,000 | 554,000 | 829,000 | 1,229,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 243,000 | 554,000 | 828,000 | 1,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,019,000 | 3,040,000 | 3,078,000 | 3,286,000 |
| Total capital | 3,329,000 | 3,354,000 | 3,393,000 | 3,602,000 |
| Risk-weighted assets | 29,446,000 | 30,448,000 | 31,657,000 | 30,660,000 |