Call reports 2002
PINELAND BANK — 2002
What PINELAND 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 | 78,963,000 | 79,295,000 | 78,188,000 | 77,501,000 |
| Total loans | 59,253,000 | 56,326,000 | 56,757,000 | 57,072,000 |
| Allowance for loan losses | 969,000 | 968,000 | 945,000 | 940,000 |
| Securities available for sale | 6,750,000 | 6,247,000 | 8,014,000 | 8,950,000 |
| Securities held to maturity | 48,000 | 48,000 | 48,000 | 48,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,059,000 | 71,501,000 | 70,217,000 | 69,758,000 |
| Interest-bearing deposits | 62,126,000 | 61,386,000 | 60,932,000 | 60,832,000 |
| Noninterest-bearing deposits | 8,933,000 | 10,115,000 | 9,285,000 | 8,926,000 |
| Equity capital | 7,095,000 | 7,268,000 | 7,410,000 | 7,277,000 |
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 | 1,262,000 | 2,449,000 | 3,658,000 | 4,812,000 |
| Interest expense | 570,000 | 1,079,000 | 1,551,000 | 1,995,000 |
| Net interest income | 692,000 | 1,370,000 | 2,107,000 | 2,817,000 |
| Noninterest income | 179,000 | 348,000 | 515,000 | 672,000 |
| Noninterest expense | 583,000 | 1,172,000 | 1,820,000 | 2,408,000 |
| Provision for loan losses | 70,000 | 145,000 | 220,000 | 295,000 |
| Pretax income | 218,000 | 401,000 | 584,000 | 788,000 |
| Income tax | 68,000 | 125,000 | 182,000 | 222,000 |
| Net income | 150,000 | 276,000 | 402,000 | 566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,074,000 | 7,200,000 | 7,319,000 | 7,207,000 |
| Total capital | 7,888,000 | 7,988,000 | 8,102,000 | 7,993,000 |
| Risk-weighted assets | 64,930,000 | 62,834,000 | 62,459,000 | 62,733,000 |