Call reports 2002
APPLIED BANK — 2002
What APPLIED 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 | 1,652,543,000 | 1,564,355,000 | 1,538,250,000 | 1,448,537,000 |
| Total loans | 1,444,547,000 | 1,380,053,000 | 1,325,071,000 | 1,132,136,000 |
| Allowance for loan losses | 462,834,000 | 399,872,000 | 348,668,000 | 290,377,000 |
| Securities available for sale | 169,105,000 | 39,232,000 | 155,082,000 | 0 |
| Securities held to maturity | 100,935,000 | 48,512,000 | 29,701,000 | 230,192,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,316,991,000 | 1,108,435,000 | 1,020,024,000 | 919,461,000 |
| Interest-bearing deposits | 1,297,333,000 | 1,091,968,000 | 1,009,153,000 | 906,944,000 |
| Noninterest-bearing deposits | 19,658,000 | 16,467,000 | 10,871,000 | 12,517,000 |
| Equity capital | 272,500,000 | 346,070,000 | 386,333,000 | 395,999,000 |
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 | 69,444,000 | 125,868,000 | 186,586,000 | 234,220,000 |
| Interest expense | 16,865,000 | 31,396,000 | 44,105,000 | 55,931,000 |
| Net interest income | 52,579,000 | 94,472,000 | 142,481,000 | 178,289,000 |
| Noninterest income | 208,077,000 | 374,321,000 | 524,086,000 | 595,326,000 |
| Noninterest expense | 185,117,000 | 259,437,000 | 361,545,000 | 424,742,000 |
| Provision for loan losses | 754,000 | 19,651,000 | 52,421,000 | 81,172,000 |
| Pretax income | 74,785,000 | 189,705,000 | 252,601,000 | 267,701,000 |
| Income tax | 27,885,000 | 69,235,000 | 91,868,000 | 97,302,000 |
| Net income | 46,900,000 | 120,470,000 | 160,733,000 | 170,399,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 272,500,000 | 346,070,000 | 386,333,000 | 395,999,000 |
| Total capital | 340,453,000 | 410,466,000 | 445,868,000 | 460,163,000 |
| Risk-weighted assets | 4,143,923,000 | 4,042,459,000 | 3,895,435,000 | 4,465,935,000 |