Call reports 2002
CORNING BANK, THE — 2002
What CORNING BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Total assets | 88,492,000 | 89,801,000 | 86,783,000 |
| Total loans | 58,578,000 | 65,083,000 | 66,611,000 |
| Allowance for loan losses | 773,000 | 784,000 | 808,000 |
| Securities available for sale | 23,762,000 | 19,471,000 | 9,221,000 |
| Securities held to maturity | 1,666,000 | 1,663,000 | 585,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 74,309,000 | 74,737,000 | 71,864,000 |
| Interest-bearing deposits | 59,264,000 | 58,379,000 | 58,126,000 |
| Noninterest-bearing deposits | 15,045,000 | 16,358,000 | 13,738,000 |
| Equity capital | 13,645,000 | 14,138,000 | 14,523,000 |
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 |
|---|---|---|---|
| Interest income | 1,414,000 | 2,849,000 | 4,278,000 |
| Interest expense | 507,000 | 977,000 | 1,412,000 |
| Net interest income | 907,000 | 1,872,000 | 2,866,000 |
| Noninterest income | 85,000 | 184,000 | 284,000 |
| Noninterest expense | 426,000 | 855,000 | 1,279,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 |
| Pretax income | 536,000 | 1,143,000 | 1,781,000 |
| Income tax | 188,000 | 407,000 | 636,000 |
| Net income | 348,000 | 736,000 | 1,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Tier 1 capital | 13,666,000 | 14,016,000 | 14,386,000 |
| Total capital | 14,439,000 | 14,800,000 | 15,194,000 |
| Risk-weighted assets | 63,094,000 | 68,263,000 | 69,220,000 |