Call reports 2001
WESTERN RESERVE BANK — 2001
What WESTERN RESERVE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 53,702,000 | 58,636,000 | 60,902,000 | 62,347,000 |
| Total loans | 41,270,000 | 45,757,000 | 51,135,000 | 56,467,000 |
| Allowance for loan losses | 532,000 | 606,000 | 701,000 | 755,000 |
| Securities available for sale | 3,006,000 | 3,436,000 | 3,300,000 | 3,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,761,000 | 51,133,000 | 53,464,000 | 53,228,000 |
| Interest-bearing deposits | 41,107,000 | 44,332,000 | 46,663,000 | 45,192,000 |
| Noninterest-bearing deposits | 5,654,000 | 6,801,000 | 6,801,000 | 8,036,000 |
| Equity capital | 5,172,000 | 5,520,000 | 5,605,000 | 5,702,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,057,000 | 2,126,000 | 3,182,000 | 4,203,000 |
| Interest expense | 547,000 | 1,058,000 | 1,509,000 | 1,872,000 |
| Net interest income | 510,000 | 1,068,000 | 1,673,000 | 2,331,000 |
| Noninterest income | 38,000 | 96,000 | 146,000 | 216,000 |
| Noninterest expense | 420,000 | 861,000 | 1,302,000 | 1,810,000 |
| Provision for loan losses | 65,000 | 158,000 | 290,000 | 337,000 |
| Pretax income | 63,000 | 145,000 | 227,000 | 400,000 |
| Income tax | 0 | -273,000 | -245,000 | -180,000 |
| Net income | 63,000 | 418,000 | 472,000 | 580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,170,000 | 5,429,000 | 5,483,000 | 5,664,000 |
| Total capital | 7,202,000 | 7,535,000 | 7,684,000 | 7,919,000 |
| Risk-weighted assets | 49,727,000 | 53,703,000 | 60,243,000 | 64,175,000 |