Call reports 2001
BRIDGE BANK, NATIONAL ASSOCIATION — 2001
What BRIDGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|
| Total assets | 47,704,000 | 68,097,000 | 96,185,000 |
| Total loans | 6,037,000 | 18,410,000 | 36,091,000 |
| Allowance for loan losses | 81,000 | 279,000 | 511,000 |
| Securities available for sale | 0 | 12,000,000 | 16,499,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 30,022,000 | 51,267,000 | 80,100,000 |
| Interest-bearing deposits | 13,138,000 | 29,801,000 | 36,365,000 |
| Noninterest-bearing deposits | 16,884,000 | 21,466,000 | 43,735,000 |
| Equity capital | 17,338,000 | 16,501,000 | 15,524,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|
| Interest income | 261,000 | 878,000 | 1,677,000 |
| Interest expense | 41,000 | 204,000 | 419,000 |
| Net interest income | 220,000 | 674,000 | 1,258,000 |
| Noninterest income | 0 | 3,000 | 18,000 |
| Noninterest expense | 1,589,000 | 2,682,000 | 4,029,000 |
| Provision for loan losses | 81,000 | 279,000 | 511,000 |
| Pretax income | -1,450,000 | -2,284,000 | -3,264,000 |
| Income tax | 0 | 3,000 | 0 |
| Net income | -1,450,000 | -2,287,000 | -3,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|
| Tier 1 capital | 17,338,000 | 16,501,000 | 15,524,000 |
| Total capital | 17,419,000 | 16,780,000 | 16,035,000 |
| Risk-weighted assets | 15,777,000 | 37,998,000 | 65,608,000 |