Call reports 2002
SOUTHERN EXCHANGE BANK — 2002
What SOUTHERN EXCHANGE 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 | 535,828,000 | 521,476,000 | 645,578,000 | 679,059,000 |
| Total loans | 188,748,000 | 177,657,000 | 174,639,000 | 171,392,000 |
| Allowance for loan losses | 2,774,000 | 2,688,000 | 2,713,000 | 2,563,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 292,938,000 | 265,701,000 | 405,643,000 | 441,627,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 429,068,000 | 415,598,000 | 413,672,000 | 467,358,000 |
| Interest-bearing deposits | 381,963,000 | 374,076,000 | 373,922,000 | 428,834,000 |
| Noninterest-bearing deposits | 47,105,000 | 41,522,000 | 39,750,000 | 38,524,000 |
| Equity capital | 43,562,000 | 43,931,000 | 44,743,000 | 46,648,000 |
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 | 7,179,000 | 14,597,000 | 22,522,000 | 30,840,000 |
| Interest expense | 3,754,000 | 7,699,000 | 11,589,000 | 15,874,000 |
| Net interest income | 3,425,000 | 6,898,000 | 10,933,000 | 14,966,000 |
| Noninterest income | 815,000 | 1,755,000 | 2,682,000 | 3,855,000 |
| Noninterest expense | 2,626,000 | 5,577,000 | 8,634,000 | 11,842,000 |
| Provision for loan losses | 93,000 | 186,000 | 279,000 | 372,000 |
| Pretax income | 1,642,000 | 3,011,000 | 4,823,000 | 6,728,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,642,000 | 3,011,000 | 4,823,000 | 6,728,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,113,000 | 36,439,000 | 37,368,000 | 39,610,000 |
| Total capital | 38,887,000 | 39,127,000 | 40,081,000 | 42,173,000 |
| Risk-weighted assets | 266,149,000 | 255,113,000 | 286,970,000 | 293,706,000 |