Call reports 2002
RFC BANKING COMPANY — 2002
What RFC BANKING COMPANY 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 | 308,776,000 | 312,868,000 | 296,607,000 | 277,949,000 |
| Total loans | 258,133,000 | 267,392,000 | 256,366,000 | 195,112,000 |
| Allowance for loan losses | 4,201,000 | 11,297,000 | 13,069,000 | 7,906,000 |
| Securities available for sale | 36,354,000 | 36,876,000 | 30,987,000 | 56,873,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 251,230,000 | 265,387,000 | 257,677,000 | 244,468,000 |
| Interest-bearing deposits | 232,043,000 | 246,564,000 | 239,894,000 | 225,110,000 |
| Noninterest-bearing deposits | 19,187,000 | 18,823,000 | 17,783,000 | 19,358,000 |
| Equity capital | 23,054,000 | 17,807,000 | 17,439,000 | 12,842,000 |
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 | 5,204,000 | 10,325,000 | 15,297,000 | 19,310,000 |
| Interest expense | 2,622,000 | 5,145,000 | 7,569,000 | 9,734,000 |
| Net interest income | 2,582,000 | 5,180,000 | 7,728,000 | 9,576,000 |
| Noninterest income | 353,000 | 674,000 | 1,004,000 | 1,295,000 |
| Noninterest expense | 1,877,000 | 3,803,000 | 5,891,000 | 8,283,000 |
| Provision for loan losses | 1,350,000 | 9,874,000 | 11,386,000 | 17,993,000 |
| Pretax income | -332,000 | -8,693,000 | -9,324,000 | -15,702,000 |
| Income tax | -123,000 | -2,962,000 | -3,181,000 | -5,358,000 |
| Net income | -209,000 | -5,731,000 | -6,143,000 | -10,344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,789,000 | 17,291,000 | 16,904,000 | 12,349,000 |
| Total capital | 25,970,000 | 20,530,000 | 20,018,000 | 14,697,000 |
| Risk-weighted assets | 253,425,000 | 251,078,000 | 239,197,000 | 182,345,000 |