Call reports 2002
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2002
What ARMED FORCES BANK, NATIONAL ASSOCIATION 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 | 467,909,000 | 464,502,000 | 469,966,000 | 510,016,000 |
| Total loans | 120,304,000 | 116,125,000 | 112,600,000 | 97,437,000 |
| Allowance for loan losses | 2,613,000 | 2,854,000 | 3,142,000 | 2,708,000 |
| Securities available for sale | 47,085,000 | 45,231,000 | 43,292,000 | 55,535,000 |
| Securities held to maturity | 120,312,000 | 117,834,000 | 109,193,000 | 123,279,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 409,373,000 | 405,580,000 | 405,100,000 | 450,091,000 |
| Interest-bearing deposits | 307,294,000 | 308,268,000 | 308,120,000 | 317,081,000 |
| Noninterest-bearing deposits | 102,079,000 | 97,312,000 | 96,980,000 | 133,010,000 |
| Equity capital | 50,448,000 | 53,665,000 | 56,971,000 | 51,791,000 |
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 | 4,779,000 | 9,790,000 | 14,643,000 | 19,092,000 |
| Interest expense | 1,650,000 | 3,156,000 | 4,572,000 | 5,781,000 |
| Net interest income | 3,129,000 | 6,634,000 | 10,071,000 | 13,311,000 |
| Noninterest income | 14,356,000 | 29,722,000 | 46,071,000 | 63,092,000 |
| Noninterest expense | 9,817,000 | 20,026,000 | 30,675,000 | 41,404,000 |
| Provision for loan losses | 400,000 | 895,000 | 1,495,000 | 3,050,000 |
| Pretax income | 7,268,000 | 15,435,000 | 23,972,000 | 31,949,000 |
| Income tax | 2,841,000 | 6,036,000 | 9,301,000 | 12,347,000 |
| Net income | 4,427,000 | 9,399,000 | 14,671,000 | 19,602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,251,000 | 49,442,000 | 52,938,000 | 48,093,000 |
| Total capital | 48,657,000 | 51,885,000 | 55,349,000 | 50,460,000 |
| Risk-weighted assets | 191,962,000 | 195,038,000 | 192,270,000 | 189,024,000 |