Call reports 2002
ATLANTIC STEWARDSHIP BANK — 2002
What ATLANTIC STEWARDSHIP 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 | 281,393,000 | 300,527,000 | 321,654,000 | 331,868,000 |
| Total loans | 193,956,000 | 196,592,000 | 204,953,000 | 218,367,000 |
| Allowance for loan losses | 2,640,000 | 2,663,000 | 2,693,000 | 2,689,000 |
| Securities available for sale | 14,198,000 | 13,818,000 | 12,226,000 | 14,344,000 |
| Securities held to maturity | 42,425,000 | 54,377,000 | 59,332,000 | 65,872,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 257,656,000 | 276,084,000 | 295,792,000 | 304,177,000 |
| Interest-bearing deposits | 200,912,000 | 214,372,000 | 230,671,000 | 232,606,000 |
| Noninterest-bearing deposits | 56,744,000 | 61,712,000 | 65,121,000 | 71,571,000 |
| Equity capital | 20,676,000 | 21,444,000 | 22,260,000 | 22,752,000 |
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 | 4,268,000 | 8,640,000 | 13,206,000 | 17,782,000 |
| Interest expense | 1,318,000 | 2,624,000 | 3,947,000 | 5,271,000 |
| Net interest income | 2,950,000 | 6,016,000 | 9,259,000 | 12,511,000 |
| Noninterest income | 522,000 | 1,122,000 | 1,646,000 | 2,227,000 |
| Noninterest expense | 2,352,000 | 4,758,000 | 7,177,000 | 9,742,000 |
| Provision for loan losses | 40,000 | 70,000 | 100,000 | 160,000 |
| Pretax income | 1,080,000 | 2,306,000 | 3,624,000 | 4,832,000 |
| Income tax | 363,000 | 781,000 | 1,245,000 | 1,662,000 |
| Net income | 717,000 | 1,525,000 | 2,379,000 | 3,170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,417,000 | 21,036,000 | 21,827,000 | 22,329,000 |
| Total capital | 22,849,000 | 23,530,000 | 24,473,000 | 25,018,000 |
| Risk-weighted assets | 194,323,000 | 199,333,000 | 211,603,000 | 222,263,000 |