Call reports 2002
PORT CITY CAPITAL BANK — 2002
What PORT CITY CAPITAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q3 | 2002Q4 |
|---|---|---|
| Total assets | 40,512,000 | 40,879,000 |
| Total loans | 9,494,000 | 17,775,000 |
| Allowance for loan losses | 131,000 | 312,000 |
| Securities available for sale | 1,681,000 | 8,811,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 31,650,000 | 32,416,000 |
| Interest-bearing deposits | 28,048,000 | 27,035,000 |
| Noninterest-bearing deposits | 3,602,000 | 5,381,000 |
| Equity capital | 8,801,000 | 8,420,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q3 | 2002Q4 |
|---|---|---|
| Interest income | 193,000 | 529,000 |
| Interest expense | 118,000 | 314,000 |
| Net interest income | 75,000 | 215,000 |
| Noninterest income | 1,000 | 2,000 |
| Noninterest expense | 451,000 | 796,000 |
| Provision for loan losses | 131,000 | 312,000 |
| Pretax income | -506,000 | -891,000 |
| Income tax | 0 | 0 |
| Net income | -506,000 | -891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q3 | 2002Q4 |
|---|---|---|
| Tier 1 capital | 8,793,000 | 8,408,000 |
| Total capital | 8,924,000 | 8,690,000 |
| Risk-weighted assets | 15,740,000 | 22,522,000 |