Call reports 2001
BRIGHTON COMMERCE BANK — 2001
What BRIGHTON COMMERCE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 64,476,000 | 68,832,000 | 66,760,000 | 70,530,000 |
| Total loans | 55,902,000 | 59,805,000 | 60,990,000 | 62,704,000 |
| Allowance for loan losses | 628,000 | 680,000 | 705,000 | 732,000 |
| Securities available for sale | 1,502,000 | 999,000 | 1,005,000 | 1,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,060,000 | 61,216,000 | 58,615,000 | 62,286,000 |
| Interest-bearing deposits | 50,671,000 | 53,469,000 | 51,368,000 | 53,337,000 |
| Noninterest-bearing deposits | 6,389,000 | 7,746,000 | 7,247,000 | 8,949,000 |
| Equity capital | 5,457,000 | 5,716,000 | 5,794,000 | 6,006,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,296,000 | 2,633,000 | 3,971,000 | 5,281,000 |
| Interest expense | 669,000 | 1,331,000 | 1,952,000 | 2,495,000 |
| Net interest income | 627,000 | 1,302,000 | 2,019,000 | 2,786,000 |
| Noninterest income | 75,000 | 171,000 | 246,000 | 327,000 |
| Noninterest expense | 495,000 | 1,004,000 | 1,544,000 | 2,077,000 |
| Provision for loan losses | 26,000 | 78,000 | 103,000 | 130,000 |
| Pretax income | 181,000 | 391,000 | 618,000 | 906,000 |
| Income tax | 64,000 | 134,000 | 211,000 | 309,000 |
| Net income | 117,000 | 257,000 | 407,000 | 597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,114,000 | 5,380,000 | 5,461,000 | 5,682,000 |
| Total capital | 5,742,000 | 6,060,000 | 6,166,000 | 6,414,000 |
| Risk-weighted assets | 56,590,000 | 60,437,000 | 61,453,000 | 64,158,000 |