Call reports 2002
INDEPENDENT NATIONAL BANK — 2002
What INDEPENDENT NATIONAL 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 | 125,915,000 | 128,793,000 | 135,356,000 | 131,655,000 |
| Total loans | 82,942,000 | 85,631,000 | 88,335,000 | 85,181,000 |
| Allowance for loan losses | 730,000 | 793,000 | 859,000 | 853,000 |
| Securities available for sale | 29,723,000 | 32,601,000 | 34,492,000 | 35,944,000 |
| Securities held to maturity | 329,000 | 305,000 | 255,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,320,000 | 107,478,000 | 113,145,000 | 106,887,000 |
| Interest-bearing deposits | 92,607,000 | 93,116,000 | 97,784,000 | 91,821,000 |
| Noninterest-bearing deposits | 12,713,000 | 14,362,000 | 15,361,000 | 15,066,000 |
| Equity capital | 9,948,000 | 10,595,000 | 11,320,000 | 11,236,000 |
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 | 2,069,000 | 4,191,000 | 6,323,000 | 8,422,000 |
| Interest expense | 753,000 | 1,515,000 | 2,303,000 | 3,015,000 |
| Net interest income | 1,316,000 | 2,676,000 | 4,020,000 | 5,407,000 |
| Noninterest income | 195,000 | 387,000 | 621,000 | 899,000 |
| Noninterest expense | 1,034,000 | 2,056,000 | 3,138,000 | 4,223,000 |
| Provision for loan losses | 173,000 | 297,000 | 355,000 | 449,000 |
| Pretax income | 304,000 | 717,000 | 1,158,000 | 1,678,000 |
| Income tax | 84,000 | 207,000 | 329,000 | 474,000 |
| Net income | 220,000 | 510,000 | 829,000 | 1,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,154,000 | 10,444,000 | 10,793,000 | 10,878,000 |
| Total capital | 10,884,000 | 11,237,000 | 11,652,000 | 11,731,000 |
| Risk-weighted assets | 82,185,000 | 85,225,000 | 90,517,000 | 89,459,000 |