Call reports 2002
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2002
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 167,010,000 | 169,956,000 | 189,135,000 | 179,222,000 |
| Total loans | 100,258,000 | 101,723,000 | 100,380,000 | 101,651,000 |
| Allowance for loan losses | 802,000 | 841,000 | 963,000 | 1,001,000 |
| Securities available for sale | 54,542,000 | 53,750,000 | 55,400,000 | 62,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,190,000 | 146,805,000 | 166,877,000 | 157,106,000 |
| Interest-bearing deposits | 129,491,000 | 126,446,000 | 138,690,000 | 135,685,000 |
| Noninterest-bearing deposits | 16,699,000 | 20,359,000 | 28,187,000 | 21,421,000 |
| Equity capital | 18,045,000 | 18,852,000 | 19,573,000 | 19,463,000 |
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 | 2,480,000 | 5,269,000 | 7,868,000 | 10,356,000 |
| Interest expense | 865,000 | 1,728,000 | 2,612,000 | 3,478,000 |
| Net interest income | 1,615,000 | 3,541,000 | 5,256,000 | 6,878,000 |
| Noninterest income | 191,000 | 362,000 | 584,000 | 826,000 |
| Noninterest expense | 1,058,000 | 2,118,000 | 3,281,000 | 4,468,000 |
| Provision for loan losses | 30,000 | 80,000 | 125,000 | 165,000 |
| Pretax income | 737,000 | 1,724,000 | 2,456,000 | 3,078,000 |
| Income tax | 171,000 | 484,000 | 679,000 | 800,000 |
| Net income | 566,000 | 1,240,000 | 1,777,000 | 2,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,461,000 | 17,935,000 | 18,271,000 | 18,372,000 |
| Total capital | 18,263,000 | 18,776,000 | 19,235,000 | 19,374,000 |
| Risk-weighted assets | 129,288,000 | 134,000,000 | 139,003,000 | 138,261,000 |