Call reports 2002
MECHANICS SAVINGS BANK — 2002
What MECHANICS SAVINGS 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 | 171,754,000 | 179,636,000 | 186,401,000 | 193,081,000 |
| Total loans | 133,599,000 | 144,451,000 | 156,253,000 | 163,257,000 |
| Allowance for loan losses | 1,689,000 | 1,737,000 | 1,737,000 | 1,915,000 |
| Securities available for sale | 30,817,000 | 24,778,000 | 21,318,000 | 21,535,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,811,000 | 152,245,000 | 159,715,000 | 163,436,000 |
| Interest-bearing deposits | 139,442,000 | 144,947,000 | 151,383,000 | 155,456,000 |
| Noninterest-bearing deposits | 6,369,000 | 7,298,000 | 8,332,000 | 7,980,000 |
| Equity capital | 22,259,000 | 22,293,000 | 21,846,000 | 22,626,000 |
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 | 3,263,000 | 6,670,000 | 10,118,000 | 13,553,000 |
| Interest expense | 1,443,000 | 2,831,000 | 4,244,000 | 5,632,000 |
| Net interest income | 1,820,000 | 3,839,000 | 5,874,000 | 7,921,000 |
| Noninterest income | 364,000 | 666,000 | 1,038,000 | 1,523,000 |
| Noninterest expense | 1,257,000 | 2,625,000 | 3,885,000 | 5,521,000 |
| Provision for loan losses | 75,000 | 105,000 | 165,000 | 376,000 |
| Pretax income | 864,000 | 1,950,000 | 3,204,000 | 3,714,000 |
| Income tax | 305,000 | 688,000 | 1,132,000 | 1,244,000 |
| Net income | 559,000 | 1,262,000 | 2,072,000 | 2,470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,220,000 | 20,921,000 | 21,510,000 | 22,121,000 |
| Total capital | 21,530,000 | 22,356,000 | 23,049,000 | 23,744,000 |
| Risk-weighted assets | 104,399,000 | 114,492,000 | 122,947,000 | 129,562,000 |