Call reports 2002
FIRST BANK OF WHITE — 2002
What FIRST BANK OF WHITE 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 | 31,900,000 | 32,733,000 | 33,390,000 | 35,494,000 |
| Total loans | 18,727,000 | 21,315,000 | 22,559,000 | 23,225,000 |
| Allowance for loan losses | 178,000 | 175,000 | 193,000 | 204,000 |
| Securities available for sale | 8,380,000 | 7,981,000 | 7,304,000 | 5,903,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,763,000 | 29,390,000 | 30,024,000 | 32,219,000 |
| Interest-bearing deposits | 27,907,000 | 28,418,000 | 29,084,000 | 30,832,000 |
| Noninterest-bearing deposits | 857,000 | 972,000 | 940,000 | 1,386,000 |
| Equity capital | 2,542,000 | 2,657,000 | 2,755,000 | 2,702,000 |
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 | 504,000 | 1,021,000 | 1,550,000 | 2,070,000 |
| Interest expense | 311,000 | 606,000 | 897,000 | 1,188,000 |
| Net interest income | 193,000 | 415,000 | 653,000 | 882,000 |
| Noninterest income | 37,000 | 74,000 | 111,000 | 150,000 |
| Noninterest expense | 103,000 | 225,000 | 343,000 | 496,000 |
| Provision for loan losses | 3,000 | 6,000 | 33,000 | 36,000 |
| Pretax income | 124,000 | 258,000 | 388,000 | 500,000 |
| Income tax | 38,000 | 83,000 | 119,000 | 160,000 |
| Net income | 86,000 | 175,000 | 269,000 | 340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,512,000 | 2,551,000 | 2,645,000 | 2,616,000 |
| Total capital | 2,690,000 | 2,726,000 | 2,838,000 | 2,820,000 |
| Risk-weighted assets | 21,792,000 | 24,106,000 | 25,028,000 | 25,593,000 |