Call reports 2002
BANK OF CHOICE — 2002
What BANK OF CHOICE 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 | 100,980,000 | 109,401,000 | 127,567,000 | 141,817,000 |
| Total loans | 67,510,000 | 74,447,000 | 82,257,000 | 94,490,000 |
| Allowance for loan losses | 659,000 | 706,000 | 765,000 | 867,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,062,000 | 13,280,000 | 23,269,000 | 24,506,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,865,000 | 101,202,000 | 119,176,000 | 132,790,000 |
| Interest-bearing deposits | 83,410,000 | 89,827,000 | 106,198,000 | 119,596,000 |
| Noninterest-bearing deposits | 9,455,000 | 11,375,000 | 12,978,000 | 13,194,000 |
| Equity capital | 7,598,000 | 7,831,000 | 8,020,000 | 8,520,000 |
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 | 1,606,000 | 3,356,000 | 5,258,000 | 7,390,000 |
| Interest expense | 809,000 | 1,554,000 | 2,496,000 | 3,470,000 |
| Net interest income | 797,000 | 1,802,000 | 2,762,000 | 3,920,000 |
| Noninterest income | 88,000 | 187,000 | 284,000 | 384,000 |
| Noninterest expense | 603,000 | 1,371,000 | 2,145,000 | 2,964,000 |
| Provision for loan losses | 28,000 | 78,000 | 140,000 | 245,000 |
| Pretax income | 254,000 | 540,000 | 761,000 | 1,095,000 |
| Income tax | 84,000 | 177,000 | 247,000 | 363,000 |
| Net income | 170,000 | 363,000 | 514,000 | 732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,598,000 | 7,831,000 | 8,020,000 | 8,520,000 |
| Total capital | 8,257,000 | 8,537,000 | 8,785,000 | 9,387,000 |
| Risk-weighted assets | 77,639,000 | 85,334,000 | 95,001,000 | 108,067,000 |