Call reports 2002
1ST INDEPENDENCE BANK — 2002
What 1ST INDEPENDENCE 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 | 69,246,000 | 72,437,000 | 86,990,000 | 89,431,000 |
| Total loans | 58,372,000 | 61,062,000 | 71,363,000 | 73,937,000 |
| Allowance for loan losses | 585,000 | 642,000 | 609,000 | 673,000 |
| Securities available for sale | 2,534,000 | 2,448,000 | 2,305,000 | 2,058,000 |
| Securities held to maturity | 655,000 | 655,000 | 531,000 | 530,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,623,000 | 57,793,000 | 72,076,000 | 75,265,000 |
| Interest-bearing deposits | 49,485,000 | 50,495,000 | 63,516,000 | 65,443,000 |
| Noninterest-bearing deposits | 7,138,000 | 7,298,000 | 8,560,000 | 9,822,000 |
| Equity capital | 6,699,000 | 6,779,000 | 6,873,000 | 8,108,000 |
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 | 1,112,000 | 2,267,000 | 3,488,000 | 4,798,000 |
| Interest expense | 511,000 | 983,000 | 1,489,000 | 1,994,000 |
| Net interest income | 601,000 | 1,284,000 | 1,999,000 | 2,804,000 |
| Noninterest income | 102,000 | 221,000 | 583,000 | 1,317,000 |
| Noninterest expense | 589,000 | 1,221,000 | 2,047,000 | 3,249,000 |
| Provision for loan losses | 43,000 | 101,000 | 189,000 | 292,000 |
| Pretax income | 71,000 | 183,000 | 346,000 | 580,000 |
| Income tax | 25,000 | 66,000 | 129,000 | 218,000 |
| Net income | 46,000 | 117,000 | 217,000 | 362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,683,000 | 5,744,000 | 5,833,000 | 7,068,000 |
| Total capital | 6,268,000 | 6,386,000 | 6,442,000 | 7,741,000 |
| Risk-weighted assets | 53,478,000 | 54,570,000 | 61,294,000 | 63,629,000 |