Call reports 2002
GARFIELD COUNTY BANK — 2002
What GARFIELD COUNTY 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 | 25,096,000 | 24,756,000 | 25,102,000 | 27,084,000 |
| Total loans | 15,686,000 | 17,368,000 | 18,883,000 | 16,623,000 |
| Allowance for loan losses | 322,000 | 323,000 | 358,000 | 383,000 |
| Securities available for sale | 3,915,000 | 3,604,000 | 3,553,000 | 3,466,000 |
| Securities held to maturity | 135,000 | 125,000 | 122,000 | 113,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,152,000 | 20,691,000 | 20,934,000 | 22,822,000 |
| Interest-bearing deposits | 18,392,000 | 18,055,000 | 17,949,000 | 19,053,000 |
| Noninterest-bearing deposits | 2,760,000 | 2,636,000 | 2,985,000 | 3,769,000 |
| Equity capital | 3,773,000 | 3,897,000 | 3,988,000 | 4,076,000 |
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 | 423,000 | 824,000 | 1,239,000 | 1,624,000 |
| Interest expense | 143,000 | 276,000 | 396,000 | 509,000 |
| Net interest income | 280,000 | 548,000 | 843,000 | 1,115,000 |
| Noninterest income | 36,000 | 75,000 | 114,000 | 144,000 |
| Noninterest expense | 202,000 | 353,000 | 506,000 | 641,000 |
| Provision for loan losses | -60,000 | -60,000 | -25,000 | 0 |
| Pretax income | 174,000 | 330,000 | 476,000 | 618,000 |
| Income tax | 38,000 | 101,000 | 176,000 | 227,000 |
| Net income | 136,000 | 229,000 | 300,000 | 391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,776,000 | 3,869,000 | 3,940,000 | 4,030,000 |
| Total capital | 4,020,000 | 4,127,000 | 4,216,000 | 4,290,000 |
| Risk-weighted assets | 19,482,000 | 20,564,000 | 22,032,000 | 20,710,000 |