Call reports 2001
METHOD BANK — 2001
What METHOD BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 13,265,000 | 13,069,000 | 13,206,000 | 12,908,000 |
| Total loans | 8,680,000 | 8,761,000 | 8,823,000 | 8,491,000 |
| Allowance for loan losses | 171,000 | 167,000 | 169,000 | 176,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 258,000 | 258,000 | 741,000 | 2,040,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,811,000 | 11,566,000 | 11,677,000 | 11,367,000 |
| Interest-bearing deposits | 8,702,000 | 8,565,000 | 8,706,000 | 8,340,000 |
| Noninterest-bearing deposits | 3,109,000 | 3,001,000 | 2,971,000 | 3,027,000 |
| Equity capital | 1,396,000 | 1,461,000 | 1,490,000 | 1,368,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 286,000 | 563,000 | 834,000 | 1,085,000 |
| Interest expense | 105,000 | 202,000 | 296,000 | 388,000 |
| Net interest income | 181,000 | 361,000 | 538,000 | 697,000 |
| Noninterest income | 31,000 | 67,000 | 96,000 | 149,000 |
| Noninterest expense | 129,000 | 262,000 | 403,000 | 557,000 |
| Provision for loan losses | 10,000 | 10,000 | 30,000 | 45,000 |
| Pretax income | 73,000 | 156,000 | 201,000 | 244,000 |
| Income tax | 14,000 | 32,000 | 48,000 | 74,000 |
| Net income | 59,000 | 124,000 | 153,000 | 170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,396,000 | 1,461,000 | 1,490,000 | 1,368,000 |
| Total capital | 1,567,000 | 1,557,000 | 1,609,000 | 1,484,000 |
| Risk-weighted assets | 7,611,000 | 7,611,000 | 9,518,000 | 9,230,000 |