Call reports 2002
METHOD BANK — 2002
What METHOD 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 | 13,264,000 | 12,698,000 | 12,737,000 | 12,576,000 |
| Total loans | 8,072,000 | 8,141,000 | 7,695,000 | 7,633,000 |
| Allowance for loan losses | 159,000 | 218,000 | 176,000 | 172,000 |
| Securities available for sale | 0 | 732,000 | 527,000 | 526,000 |
| Securities held to maturity | 2,040,000 | 1,840,000 | 1,773,000 | 1,896,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,834,000 | 11,292,000 | 11,294,000 | 11,127,000 |
| Interest-bearing deposits | 8,654,000 | 8,455,000 | 8,405,000 | 8,097,000 |
| Noninterest-bearing deposits | 3,180,000 | 2,837,000 | 2,889,000 | 3,030,000 |
| Equity capital | 1,398,000 | 1,365,000 | 1,403,000 | 1,381,000 |
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 | 230,000 | 456,000 | 679,000 | 881,000 |
| Interest expense | 76,000 | 150,000 | 224,000 | 297,000 |
| Net interest income | 154,000 | 306,000 | 455,000 | 584,000 |
| Noninterest income | 32,000 | 60,000 | 100,000 | 137,000 |
| Noninterest expense | 136,000 | 274,000 | 422,000 | 565,000 |
| Provision for loan losses | 20,000 | 90,000 | 95,000 | 100,000 |
| Pretax income | 30,000 | 2,000 | 39,000 | 56,000 |
| Income tax | 0 | 7,000 | 10,000 | 20,000 |
| Net income | 30,000 | -5,000 | 29,000 | 36,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,398,000 | 1,363,000 | 1,397,000 | 1,374,000 |
| Total capital | 1,512,000 | 1,462,000 | 1,493,000 | 1,469,000 |
| Risk-weighted assets | 9,097,000 | 7,775,000 | 7,612,000 | 7,524,000 |