Call reports 2002
FIRST GULF BANK — 2002
What FIRST GULF 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 | 200,258,000 | 217,952,000 | 222,409,000 | 218,568,000 |
| Total loans | 150,685,000 | 163,000,000 | 169,984,000 | 168,621,000 |
| Allowance for loan losses | 1,982,000 | 2,100,000 | 2,156,000 | 2,263,000 |
| Securities available for sale | 17,880,000 | 22,784,000 | 29,504,000 | 22,992,000 |
| Securities held to maturity | 1,675,000 | 1,425,000 | 1,320,000 | 3,724,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,887,000 | 175,021,000 | 176,876,000 | 171,784,000 |
| Interest-bearing deposits | 137,770,000 | 142,957,000 | 147,186,000 | 146,899,000 |
| Noninterest-bearing deposits | 23,117,000 | 32,063,000 | 29,690,000 | 24,885,000 |
| Equity capital | 14,233,000 | 15,088,000 | 15,718,000 | 15,927,000 |
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 | 2,902,000 | 5,917,000 | 8,999,000 | 11,965,000 |
| Interest expense | 1,046,000 | 2,068,000 | 3,097,000 | 4,083,000 |
| Net interest income | 1,856,000 | 3,849,000 | 5,902,000 | 7,882,000 |
| Noninterest income | 799,000 | 1,650,000 | 2,616,000 | 3,668,000 |
| Noninterest expense | 1,647,000 | 3,381,000 | 5,194,000 | 7,108,000 |
| Provision for loan losses | 60,000 | 180,000 | 465,000 | 630,000 |
| Pretax income | 978,000 | 1,967,000 | 2,888,000 | 3,841,000 |
| Income tax | 337,000 | 679,000 | 992,000 | 1,317,000 |
| Net income | 641,000 | 1,288,000 | 1,896,000 | 2,524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,226,000 | 14,873,000 | 15,480,000 | 15,758,000 |
| Total capital | 15,940,000 | 16,735,000 | 17,396,000 | 17,720,000 |
| Risk-weighted assets | 136,818,000 | 148,705,000 | 153,119,000 | 156,682,000 |