Call reports 2002
MOREHEAD BANK — 2002
What MOREHEAD 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 | 47,097,000 | 48,872,000 | 50,529,000 | 50,288,000 |
| Total loans | 34,798,000 | 36,139,000 | 36,316,000 | 36,725,000 |
| Allowance for loan losses | 702,000 | 724,000 | 731,000 | 741,000 |
| Securities available for sale | 8,209,000 | 8,299,000 | 10,004,000 | 9,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,444,000 | 33,096,000 | 33,680,000 | 33,815,000 |
| Interest-bearing deposits | 28,010,000 | 27,706,000 | 28,636,000 | 28,918,000 |
| Noninterest-bearing deposits | 4,434,000 | 5,390,000 | 5,044,000 | 4,897,000 |
| Equity capital | 3,080,000 | 3,207,000 | 3,346,000 | 3,416,000 |
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 | 804,000 | 1,618,000 | 2,461,000 | 3,294,000 |
| Interest expense | 388,000 | 751,000 | 1,132,000 | 1,485,000 |
| Net interest income | 416,000 | 867,000 | 1,329,000 | 1,809,000 |
| Noninterest income | 91,000 | 172,000 | 262,000 | 353,000 |
| Noninterest expense | 381,000 | 787,000 | 1,204,000 | 1,645,000 |
| Provision for loan losses | 9,000 | 39,000 | 49,000 | 62,000 |
| Pretax income | 117,000 | 213,000 | 338,000 | 455,000 |
| Income tax | 39,000 | 71,000 | 113,000 | 153,000 |
| Net income | 78,000 | 142,000 | 225,000 | 302,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,984,000 | 3,048,000 | 3,131,000 | 3,208,000 |
| Total capital | 3,323,000 | 3,404,000 | 3,491,000 | 3,562,000 |
| Risk-weighted assets | 26,724,000 | 28,137,000 | 28,445,000 | 27,941,000 |