Call reports 2002
BRIDGE BANK, NATIONAL ASSOCIATION — 2002
What BRIDGE BANK, NATIONAL ASSOCIATION 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 | 122,167,000 | 140,563,000 | 169,962,000 | 181,188,000 |
| Total loans | 62,625,000 | 90,867,000 | 107,569,000 | 128,110,000 |
| Allowance for loan losses | 882,000 | 1,330,000 | 1,558,000 | 1,765,000 |
| Securities available for sale | 16,602,000 | 16,612,000 | 16,619,000 | 16,630,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,292,000 | 111,730,000 | 142,375,000 | 153,359,000 |
| Interest-bearing deposits | 50,606,000 | 60,670,000 | 72,455,000 | 77,034,000 |
| Noninterest-bearing deposits | 56,686,000 | 51,060,000 | 69,920,000 | 76,325,000 |
| Equity capital | 14,242,000 | 27,064,000 | 26,540,000 | 26,564,000 |
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 | 1,059,000 | 2,684,000 | 4,640,000 | 7,002,000 |
| Interest expense | 200,000 | 489,000 | 815,000 | 1,192,000 |
| Net interest income | 859,000 | 2,195,000 | 3,825,000 | 5,810,000 |
| Noninterest income | 9,000 | 585,000 | 951,000 | 1,460,000 |
| Noninterest expense | 1,792,000 | 4,183,000 | 6,436,000 | 8,530,000 |
| Provision for loan losses | 371,000 | 819,000 | 1,047,000 | 1,424,000 |
| Pretax income | -1,295,000 | -2,222,000 | -2,707,000 | -2,684,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -1,295,000 | -2,223,000 | -2,708,000 | -2,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,242,000 | 27,064,000 | 26,541,000 | 26,564,000 |
| Total capital | 15,124,000 | 28,331,000 | 28,086,000 | 28,299,000 |
| Risk-weighted assets | 79,558,000 | 101,279,000 | 123,584,000 | 138,801,000 |