Call reports 2002
BRIGHTON COMMERCE BANK — 2002
What BRIGHTON COMMERCE BANK 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 | 73,207,000 | 75,113,000 | 77,834,000 | 78,382,000 |
| Total loans | 65,211,000 | 66,715,000 | 69,406,000 | 71,765,000 |
| Allowance for loan losses | 772,000 | 808,000 | 822,000 | 851,000 |
| Securities available for sale | 998,000 | 1,003,000 | 998,000 | 500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,693,000 | 66,574,000 | 69,083,000 | 67,951,000 |
| Interest-bearing deposits | 57,012,000 | 57,793,000 | 60,531,000 | 59,013,000 |
| Noninterest-bearing deposits | 7,681,000 | 8,781,000 | 8,552,000 | 8,938,000 |
| Equity capital | 6,178,000 | 6,321,000 | 6,470,000 | 6,663,000 |
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 | 1,225,000 | 2,516,000 | 3,831,000 | 5,151,000 |
| Interest expense | 441,000 | 879,000 | 1,309,000 | 1,721,000 |
| Net interest income | 784,000 | 1,637,000 | 2,522,000 | 3,430,000 |
| Noninterest income | 128,000 | 258,000 | 372,000 | 538,000 |
| Noninterest expense | 586,000 | 1,169,000 | 1,771,000 | 2,371,000 |
| Provision for loan losses | 40,000 | 76,000 | 90,000 | 119,000 |
| Pretax income | 286,000 | 650,000 | 1,033,000 | 1,478,000 |
| Income tax | 98,000 | 222,000 | 354,000 | 505,000 |
| Net income | 188,000 | 428,000 | 679,000 | 973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,856,000 | 5,996,000 | 6,147,000 | 6,340,000 |
| Total capital | 6,628,000 | 6,804,000 | 6,969,000 | 7,191,000 |
| Risk-weighted assets | 65,835,000 | 67,342,000 | 69,665,000 | 70,875,000 |