Call reports 2002
BANK OF GASSAWAY — 2002
What BANK OF GASSAWAY 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 | 133,590,000 | 139,769,000 | 144,162,000 | 147,629,000 |
| Total loans | 91,127,000 | 93,520,000 | 95,424,000 | 94,574,000 |
| Allowance for loan losses | 1,822,000 | 1,860,000 | 1,854,000 | 2,490,000 |
| Securities available for sale | 13,246,000 | 16,308,000 | 20,797,000 | 26,359,000 |
| Securities held to maturity | 12,798,000 | 11,792,000 | 11,791,000 | 7,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,901,000 | 125,427,000 | 129,097,000 | 133,206,000 |
| Interest-bearing deposits | 101,465,000 | 106,195,000 | 110,972,000 | 112,076,000 |
| Noninterest-bearing deposits | 17,436,000 | 19,232,000 | 18,125,000 | 21,130,000 |
| Equity capital | 13,057,000 | 13,093,000 | 13,659,000 | 13,630,000 |
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 | 2,543,000 | 5,195,000 | 7,908,000 | 10,516,000 |
| Interest expense | 855,000 | 1,702,000 | 2,580,000 | 3,436,000 |
| Net interest income | 1,688,000 | 3,493,000 | 5,328,000 | 7,080,000 |
| Noninterest income | 81,000 | 192,000 | 308,000 | 431,000 |
| Noninterest expense | 795,000 | 1,645,000 | 2,588,000 | 3,540,000 |
| Provision for loan losses | 180,000 | 360,000 | 585,000 | 1,734,000 |
| Pretax income | 794,000 | 1,681,000 | 2,464,000 | 2,240,000 |
| Income tax | 316,000 | 669,000 | 986,000 | 829,000 |
| Net income | 478,000 | 1,012,000 | 1,478,000 | 1,411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,033,000 | 12,867,000 | 13,333,000 | 13,265,000 |
| Total capital | 14,128,000 | 13,980,000 | 14,476,000 | 14,400,000 |
| Risk-weighted assets | 86,913,000 | 88,261,000 | 90,719,000 | 89,454,000 |