Call reports 2002
AMERICAN COMMUNITY BANK & TRUST — 2002
What AMERICAN COMMUNITY BANK & TRUST 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 | 180,462,000 | 188,904,000 | 205,676,000 | 223,320,000 |
| Total loans | 117,782,000 | 131,558,000 | 144,862,000 | 152,119,000 |
| Allowance for loan losses | 1,553,000 | 1,763,000 | 1,973,000 | 1,947,000 |
| Securities available for sale | 30,906,000 | 22,070,000 | 23,654,000 | 20,605,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,445,000 | 168,878,000 | 185,147,000 | 202,289,000 |
| Interest-bearing deposits | 143,005,000 | 149,481,000 | 159,727,000 | 176,324,000 |
| Noninterest-bearing deposits | 17,440,000 | 19,397,000 | 25,420,000 | 25,965,000 |
| Equity capital | 19,122,000 | 19,248,000 | 19,444,000 | 19,550,000 |
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 | 2,373,000 | 4,840,000 | 7,489,000 | 10,158,000 |
| Interest expense | 1,025,000 | 2,097,000 | 3,360,000 | 4,516,000 |
| Net interest income | 1,348,000 | 2,743,000 | 4,129,000 | 5,642,000 |
| Noninterest income | 64,000 | 132,000 | 255,000 | 438,000 |
| Noninterest expense | 923,000 | 2,065,000 | 3,252,000 | 4,511,000 |
| Provision for loan losses | 210,000 | 420,000 | 630,000 | 840,000 |
| Pretax income | 279,000 | 390,000 | 502,000 | 729,000 |
| Income tax | 70,000 | 54,000 | 47,000 | 89,000 |
| Net income | 209,000 | 336,000 | 455,000 | 640,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,857,000 | 18,984,000 | 19,103,000 | 19,288,000 |
| Total capital | 20,375,000 | 20,665,000 | 20,950,000 | 21,235,000 |
| Risk-weighted assets | 121,398,000 | 134,377,000 | 147,597,000 | 158,366,000 |