Call reports 2002
FIRST NATIONAL BANK OF OTIS — 2002
What FIRST NATIONAL BANK OF OTIS reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Total assets | 24,673,000 | 24,854,000 |
| Total loans | 22,015,000 | 22,241,000 |
| Allowance for loan losses | 308,000 | 346,000 |
| Securities available for sale | 1,449,000 | 1,040,000 |
| Securities held to maturity | 11,000 | 10,000 |
| Trading assets | 0 | 0 |
| Total deposits | 20,763,000 | 21,927,000 |
| Interest-bearing deposits | 19,794,000 | 21,019,000 |
| Noninterest-bearing deposits | 969,000 | 908,000 |
| Equity capital | 2,559,000 | 2,649,000 |
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 |
|---|---|---|
| Interest income | 417,000 | 875,000 |
| Interest expense | 149,000 | 304,000 |
| Net interest income | 268,000 | 571,000 |
| Noninterest income | 45,000 | 83,000 |
| Noninterest expense | 139,000 | 283,000 |
| Provision for loan losses | 27,000 | 65,000 |
| Pretax income | 147,000 | 306,000 |
| Income tax | 60,000 | 124,000 |
| Net income | 87,000 | 182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Tier 1 capital | 2,547,000 | 2,642,000 |
| Total capital | 2,830,000 | 2,929,000 |
| Risk-weighted assets | 22,618,000 | 22,929,000 |