Call reports 2002
WESTERN RESERVE BANK — 2002
What WESTERN RESERVE 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 | 68,673,000 | 79,779,000 | 81,358,000 | 82,295,000 |
| Total loans | 62,492,000 | 67,658,000 | 71,200,000 | 74,887,000 |
| Allowance for loan losses | 861,000 | 960,000 | 971,000 | 1,042,000 |
| Securities available for sale | 2,803,000 | 3,232,000 | 3,093,000 | 2,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,178,000 | 68,601,000 | 70,032,000 | 71,027,000 |
| Interest-bearing deposits | 51,538,000 | 61,187,000 | 59,939,000 | 62,005,000 |
| Noninterest-bearing deposits | 7,640,000 | 7,414,000 | 10,093,000 | 9,022,000 |
| Equity capital | 5,817,000 | 5,944,000 | 6,126,000 | 6,290,000 |
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 | 1,038,000 | 2,178,000 | 3,395,000 | 4,630,000 |
| Interest expense | 317,000 | 695,000 | 1,097,000 | 1,495,000 |
| Net interest income | 721,000 | 1,483,000 | 2,298,000 | 3,135,000 |
| Noninterest income | 59,000 | 110,000 | 166,000 | 246,000 |
| Noninterest expense | 522,000 | 1,061,000 | 1,632,000 | 2,209,000 |
| Provision for loan losses | 70,000 | 171,000 | 217,000 | 297,000 |
| Pretax income | 188,000 | 361,000 | 615,000 | 875,000 |
| Income tax | 64,000 | 123,000 | 209,000 | 301,000 |
| Net income | 124,000 | 238,000 | 406,000 | 574,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,765,000 | 5,925,000 | 6,094,000 | 6,262,000 |
| Total capital | 8,126,000 | 8,353,000 | 8,480,000 | 8,689,000 |
| Risk-weighted assets | 69,228,000 | 74,184,000 | 70,809,000 | 74,029,000 |