Call reports 2002
FLORIDA CHOICE BANK — 2002
What FLORIDA CHOICE 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 | 80,554,000 | 85,445,000 | 104,128,000 | 107,486,000 |
| Total loans | 61,617,000 | 67,866,000 | 75,722,000 | 84,410,000 |
| Allowance for loan losses | 903,000 | 1,008,000 | 1,089,000 | 1,148,000 |
| Securities available for sale | 6,522,000 | 6,344,000 | 13,244,000 | 12,278,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,904,000 | 73,631,000 | 91,954,000 | 93,772,000 |
| Interest-bearing deposits | 60,806,000 | 64,086,000 | 82,643,000 | 84,719,000 |
| Noninterest-bearing deposits | 8,098,000 | 9,545,000 | 9,311,000 | 9,052,000 |
| Equity capital | 8,474,000 | 8,579,000 | 8,703,000 | 8,908,000 |
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 | 1,148,000 | 2,453,000 | 3,940,000 | 5,531,000 |
| Interest expense | 499,000 | 1,010,000 | 1,616,000 | 2,267,000 |
| Net interest income | 649,000 | 1,443,000 | 2,324,000 | 3,264,000 |
| Noninterest income | 100,000 | 195,000 | 318,000 | 496,000 |
| Noninterest expense | 536,000 | 1,206,000 | 1,957,000 | 2,760,000 |
| Provision for loan losses | 163,000 | 233,000 | 305,000 | 362,000 |
| Pretax income | 58,000 | 207,000 | 388,000 | 646,000 |
| Income tax | 15,000 | 78,000 | 146,000 | 233,000 |
| Net income | 43,000 | 129,000 | 242,000 | 413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,088,000 | 8,514,000 | 8,628,000 | 8,799,000 |
| Total capital | 8,851,000 | 9,348,000 | 9,621,000 | 9,895,000 |
| Risk-weighted assets | 60,937,000 | 66,524,000 | 79,380,000 | 87,617,000 |