Call reports 2002
KENT BANK — 2002
What KENT 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 | 58,310,000 | 61,174,000 | 63,789,000 | 67,300,000 |
| Total loans | 39,202,000 | 43,166,000 | 44,651,000 | 44,414,000 |
| Allowance for loan losses | 555,000 | 525,000 | 527,000 | 533,000 |
| Securities available for sale | 14,534,000 | 12,817,000 | 14,159,000 | 17,866,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,084,000 | 49,491,000 | 51,650,000 | 55,201,000 |
| Interest-bearing deposits | 42,033,000 | 44,767,000 | 48,011,000 | 51,526,000 |
| Noninterest-bearing deposits | 5,051,000 | 4,724,000 | 3,639,000 | 3,675,000 |
| Equity capital | 5,144,000 | 5,548,000 | 5,902,000 | 5,906,000 |
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 | 927,000 | 1,922,000 | 2,918,000 | 3,918,000 |
| Interest expense | 374,000 | 765,000 | 1,166,000 | 1,570,000 |
| Net interest income | 553,000 | 1,157,000 | 1,752,000 | 2,348,000 |
| Noninterest income | 83,000 | 166,000 | 260,000 | 387,000 |
| Noninterest expense | 338,000 | 677,000 | 1,010,000 | 1,387,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 314,000 | 674,000 | 1,060,000 | 1,364,000 |
| Income tax | 102,000 | 222,000 | 351,000 | 450,000 |
| Net income | 212,000 | 452,000 | 709,000 | 914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,982,000 | 4,222,000 | 4,479,000 | 4,559,000 |
| Total capital | 4,522,000 | 4,747,000 | 5,006,000 | 5,092,000 |
| Risk-weighted assets | 43,147,000 | 47,301,000 | 44,808,000 | 44,324,000 |