Call reports 2002
TOWN BANK, THE — 2002
What TOWN BANK, THE 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 | 58,506,000 | 70,237,000 | 84,915,000 | 84,410,000 |
| Total loans | 42,448,000 | 49,893,000 | 54,630,000 | 61,004,000 |
| Allowance for loan losses | 400,000 | 470,000 | 534,000 | 610,000 |
| Securities available for sale | 7,399,000 | 8,392,000 | 12,729,000 | 17,693,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,889,000 | 63,069,000 | 76,731,000 | 77,517,000 |
| Interest-bearing deposits | 42,968,000 | 51,232,000 | 64,351,000 | 64,034,000 |
| Noninterest-bearing deposits | 8,921,000 | 11,837,000 | 12,380,000 | 13,483,000 |
| Equity capital | 6,129,000 | 6,222,000 | 6,323,000 | 6,296,000 |
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 | 799,000 | 1,707,000 | 2,757,000 | 3,937,000 |
| Interest expense | 310,000 | 611,000 | 1,030,000 | 1,470,000 |
| Net interest income | 489,000 | 1,096,000 | 1,727,000 | 2,467,000 |
| Noninterest income | 40,000 | 84,000 | 141,000 | 178,000 |
| Noninterest expense | 546,000 | 1,095,000 | 1,673,000 | 2,341,000 |
| Provision for loan losses | 62,000 | 132,000 | 227,000 | 303,000 |
| Pretax income | -79,000 | -47,000 | -32,000 | 78,000 |
| Income tax | 0 | 0 | 1,000 | 22,000 |
| Net income | -79,000 | -47,000 | -33,000 | 56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,046,000 | 6,078,000 | 6,092,000 | 6,181,000 |
| Total capital | 6,446,000 | 6,548,000 | 6,626,000 | 6,791,000 |
| Risk-weighted assets | 45,610,000 | 53,931,000 | 60,384,000 | 64,925,000 |