Call reports 2002
BANKFIRST FINANCIAL SERVICES — 2002
What BANKFIRST FINANCIAL SERVICES 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 | 282,116,000 | 275,222,000 | 276,101,000 | 284,265,000 |
| Total loans | 188,346,000 | 189,525,000 | 198,508,000 | 200,824,000 |
| Allowance for loan losses | 1,639,000 | 1,644,000 | 1,652,000 | 1,951,000 |
| Securities available for sale | 49,979,000 | 46,114,000 | 45,232,000 | 41,476,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,705,000 | 223,654,000 | 220,842,000 | 224,998,000 |
| Interest-bearing deposits | 202,569,000 | 192,055,000 | 192,879,000 | 196,362,000 |
| Noninterest-bearing deposits | 28,136,000 | 31,599,000 | 27,963,000 | 28,636,000 |
| Equity capital | 20,059,000 | 21,154,000 | 22,221,000 | 21,247,000 |
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 | 4,375,000 | 8,782,000 | 13,308,000 | 17,882,000 |
| Interest expense | 2,087,000 | 3,958,000 | 5,792,000 | 7,616,000 |
| Net interest income | 2,288,000 | 4,824,000 | 7,516,000 | 10,266,000 |
| Noninterest income | 748,000 | 1,551,000 | 2,589,000 | 3,483,000 |
| Noninterest expense | 2,391,000 | 4,505,000 | 6,861,000 | 9,225,000 |
| Provision for loan losses | 82,000 | 197,000 | 363,000 | 1,029,000 |
| Pretax income | 566,000 | 1,695,000 | 2,905,000 | 3,663,000 |
| Income tax | 154,000 | 562,000 | 1,003,000 | 1,281,000 |
| Net income | 412,000 | 1,133,000 | 1,902,000 | 2,382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,816,000 | 20,728,000 | 21,508,000 | 20,715,000 |
| Total capital | 21,455,000 | 22,372,000 | 23,160,000 | 22,666,000 |
| Risk-weighted assets | 203,898,000 | 202,767,000 | 205,093,000 | 210,264,000 |