Call reports 2001
FLORIDA CHOICE BANK — 2001
What FLORIDA CHOICE 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 | 60,673,000 | 62,417,000 | 67,849,000 | 67,247,000 |
| Total loans | 44,590,000 | 47,129,000 | 52,120,000 | 56,805,000 |
| Allowance for loan losses | 668,000 | 751,000 | 759,000 | 837,000 |
| Securities available for sale | 5,510,000 | 5,072,000 | 4,745,000 | 4,391,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,215,000 | 54,822,000 | 60,032,000 | 58,512,000 |
| Interest-bearing deposits | 47,622,000 | 47,713,000 | 51,982,000 | 50,156,000 |
| Noninterest-bearing deposits | 6,593,000 | 7,109,000 | 8,050,000 | 8,356,000 |
| Equity capital | 6,199,000 | 7,325,000 | 7,496,000 | 8,452,000 |
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 | 1,110,000 | 2,258,000 | 3,420,000 | 4,615,000 |
| Interest expense | 618,000 | 1,266,000 | 1,861,000 | 2,377,000 |
| Net interest income | 492,000 | 992,000 | 1,559,000 | 2,238,000 |
| Noninterest income | 77,000 | 187,000 | 349,000 | 438,000 |
| Noninterest expense | 531,000 | 1,021,000 | 1,552,000 | 2,093,000 |
| Provision for loan losses | 75,000 | 170,000 | 273,000 | 383,000 |
| Pretax income | -31,000 | -6,000 | 89,000 | 206,000 |
| Income tax | -11,000 | -3,000 | 26,000 | 77,000 |
| Net income | -20,000 | -3,000 | 63,000 | 129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,704,000 | 6,848,000 | 7,031,000 | 8,039,000 |
| Total capital | 6,257,000 | 7,432,000 | 7,662,000 | 8,718,000 |
| Risk-weighted assets | 44,097,000 | 46,590,000 | 50,348,000 | 54,109,000 |