Call reports 2002
MAGIC VALLEY BANK — 2002
What MAGIC VALLEY 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 | 55,876,000 | 59,287,000 | 60,412,000 | 64,080,000 |
| Total loans | 40,169,000 | 43,929,000 | 45,444,000 | 47,599,000 |
| Allowance for loan losses | 706,000 | 700,000 | 713,000 | 736,000 |
| Securities available for sale | 2,986,000 | 3,544,000 | 3,860,000 | 4,826,000 |
| Securities held to maturity | 254,000 | 458,000 | 563,000 | 875,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,212,000 | 51,476,000 | 52,387,000 | 56,028,000 |
| Interest-bearing deposits | 40,381,000 | 43,094,000 | 42,486,000 | 44,482,000 |
| Noninterest-bearing deposits | 7,831,000 | 8,382,000 | 9,901,000 | 11,546,000 |
| Equity capital | 5,907,000 | 6,035,000 | 6,224,000 | 6,340,000 |
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 | 876,000 | 1,831,000 | 2,783,000 | 3,726,000 |
| Interest expense | 326,000 | 638,000 | 928,000 | 1,197,000 |
| Net interest income | 550,000 | 1,193,000 | 1,855,000 | 2,529,000 |
| Noninterest income | 158,000 | 296,000 | 446,000 | 721,000 |
| Noninterest expense | 609,000 | 1,303,000 | 1,892,000 | 2,581,000 |
| Provision for loan losses | 120,000 | 120,000 | 170,000 | 223,000 |
| Pretax income | -21,000 | 66,000 | 239,000 | 446,000 |
| Income tax | 0 | 0 | 46,000 | 126,000 |
| Net income | -21,000 | 66,000 | 193,000 | 320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,909,000 | 5,996,000 | 6,123,000 | 6,248,000 |
| Total capital | 6,468,000 | 6,597,000 | 6,741,000 | 6,900,000 |
| Risk-weighted assets | 44,530,000 | 48,003,000 | 49,368,000 | 52,114,000 |