Call reports 2002
BANK FORWARD — 2002
What BANK FORWARD 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 | 173,054,000 | 176,946,000 | 191,224,000 | 197,624,000 |
| Total loans | 130,092,000 | 137,139,000 | 149,209,000 | 154,221,000 |
| Allowance for loan losses | 1,744,000 | 1,649,000 | 1,693,000 | 1,666,000 |
| Securities available for sale | 32,620,000 | 29,921,000 | 29,702,000 | 30,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,402,000 | 152,949,000 | 155,855,000 | 170,402,000 |
| Interest-bearing deposits | 139,198,000 | 137,402,000 | 138,762,000 | 149,623,000 |
| Noninterest-bearing deposits | 16,204,000 | 15,547,000 | 17,093,000 | 20,779,000 |
| Equity capital | 12,645,000 | 13,545,000 | 16,135,000 | 16,123,000 |
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 | 2,855,000 | 5,846,000 | 8,996,000 | 12,146,000 |
| Interest expense | 1,168,000 | 2,262,000 | 3,368,000 | 4,493,000 |
| Net interest income | 1,687,000 | 3,584,000 | 5,628,000 | 7,653,000 |
| Noninterest income | 275,000 | 566,000 | 779,000 | 1,033,000 |
| Noninterest expense | 1,441,000 | 3,060,000 | 4,609,000 | 6,257,000 |
| Provision for loan losses | 190,000 | 281,000 | 373,000 | 465,000 |
| Pretax income | 302,000 | 839,000 | 1,457,000 | 2,029,000 |
| Income tax | 22,000 | 57,000 | 91,000 | 118,000 |
| Net income | 280,000 | 782,000 | 1,366,000 | 1,911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,886,000 | 13,141,000 | 15,365,000 | 15,426,000 |
| Total capital | 14,610,000 | 14,790,000 | 17,058,000 | 17,092,000 |
| Risk-weighted assets | 137,705,000 | 140,565,000 | 150,637,000 | 155,797,000 |