Call reports 2002
ACADEMY BANK — 2002
What ACADEMY 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 | 28,639,000 | 31,164,000 | 32,780,000 | 35,172,000 |
| Total loans | 20,085,000 | 20,532,000 | 22,747,000 | 23,942,000 |
| Allowance for loan losses | 288,000 | 311,000 | 329,000 | 344,000 |
| Securities available for sale | 4,477,000 | 6,459,000 | 7,794,000 | 7,288,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,132,000 | 26,476,000 | 27,930,000 | 29,131,000 |
| Interest-bearing deposits | 21,394,000 | 23,190,000 | 24,809,000 | 25,778,000 |
| Noninterest-bearing deposits | 2,738,000 | 3,286,000 | 3,121,000 | 3,353,000 |
| Equity capital | 4,408,000 | 4,521,000 | 4,662,000 | 4,867,000 |
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 | 464,000 | 954,000 | 1,477,000 | 2,005,000 |
| Interest expense | 190,000 | 379,000 | 578,000 | 781,000 |
| Net interest income | 274,000 | 575,000 | 899,000 | 1,224,000 |
| Noninterest income | 99,000 | 179,000 | 303,000 | 460,000 |
| Noninterest expense | 323,000 | 654,000 | 982,000 | 1,317,000 |
| Provision for loan losses | 32,000 | 55,000 | 75,000 | 90,000 |
| Pretax income | 18,000 | 45,000 | 145,000 | 277,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 18,000 | 45,000 | 145,000 | 277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,427,000 | 4,455,000 | 4,555,000 | 4,687,000 |
| Total capital | 4,697,000 | 4,731,000 | 4,858,000 | 5,009,000 |
| Risk-weighted assets | 21,542,000 | 22,073,000 | 24,229,000 | 25,635,000 |