Call reports 2002
SUMTER NATIONAL BANK — 2002
What SUMTER NATIONAL 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 | 93,051,000 | 99,080,000 | 102,146,000 | 104,657,000 |
| Total loans | 81,568,000 | 80,832,000 | 86,912,000 | 90,706,000 |
| Allowance for loan losses | 968,000 | 948,000 | 1,012,000 | 1,000,000 |
| Securities available for sale | 2,985,000 | 3,274,000 | 2,523,000 | 3,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,408,000 | 80,438,000 | 83,078,000 | 85,480,000 |
| Interest-bearing deposits | 62,230,000 | 67,531,000 | 70,037,000 | 73,075,000 |
| Noninterest-bearing deposits | 12,178,000 | 12,907,000 | 13,041,000 | 12,405,000 |
| Equity capital | 7,048,000 | 7,234,000 | 7,582,000 | 7,746,000 |
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 | 1,590,000 | 3,182,000 | 4,840,000 | 6,506,000 |
| Interest expense | 642,000 | 1,255,000 | 1,903,000 | 2,536,000 |
| Net interest income | 948,000 | 1,927,000 | 2,937,000 | 3,970,000 |
| Noninterest income | 225,000 | 437,000 | 683,000 | 967,000 |
| Noninterest expense | 594,000 | 1,238,000 | 1,882,000 | 2,499,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 430,000 |
| Pretax income | 504,000 | 987,000 | 1,524,000 | 2,019,000 |
| Income tax | 183,000 | 357,000 | 545,000 | 725,000 |
| Net income | 321,000 | 630,000 | 979,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,057,000 | 7,218,000 | 7,567,000 | 7,734,000 |
| Total capital | 8,025,000 | 8,166,000 | 8,579,000 | 8,734,000 |
| Risk-weighted assets | 79,215,000 | 79,821,000 | 84,886,000 | 86,400,000 |