Call reports 2002
FIRSTBANK — 2002
What FIRSTBANK 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 | 714,745,000 | 713,611,000 | 781,418,000 | 834,549,000 |
| Total loans | 180,192,000 | 176,204,000 | 192,611,000 | 203,215,000 |
| Allowance for loan losses | 2,386,000 | 2,411,000 | 2,240,000 | 2,311,000 |
| Securities available for sale | 296,171,000 | 291,767,000 | 325,773,000 | 361,707,000 |
| Securities held to maturity | 97,028,000 | 93,989,000 | 88,100,000 | 85,311,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 659,959,000 | 656,837,000 | 712,660,000 | 757,842,000 |
| Interest-bearing deposits | 485,822,000 | 468,891,000 | 535,366,000 | 540,906,000 |
| Noninterest-bearing deposits | 174,138,000 | 187,946,000 | 177,293,000 | 216,936,000 |
| Equity capital | 44,431,000 | 49,747,000 | 54,357,000 | 55,269,000 |
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 | 8,717,000 | 17,337,000 | 25,589,000 | 34,097,000 |
| Interest expense | 2,766,000 | 5,192,000 | 7,645,000 | 10,182,000 |
| Net interest income | 5,951,000 | 12,145,000 | 17,944,000 | 23,915,000 |
| Noninterest income | 3,360,000 | 6,757,000 | 10,798,000 | 15,454,000 |
| Noninterest expense | 4,403,000 | 8,471,000 | 12,969,000 | 17,791,000 |
| Provision for loan losses | -234,000 | -83,000 | -120,000 | 166,000 |
| Pretax income | 5,142,000 | 10,514,000 | 15,893,000 | 21,412,000 |
| Income tax | 1,538,000 | 3,140,000 | 4,750,000 | 6,425,000 |
| Net income | 3,604,000 | 7,374,000 | 11,143,000 | 14,987,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,112,000 | 43,883,000 | 45,554,000 | 47,299,000 |
| Total capital | 45,497,000 | 46,294,000 | 47,794,000 | 49,610,000 |
| Risk-weighted assets | 271,670,000 | 266,259,000 | 293,402,000 | 312,005,000 |