Call reports 2002
PROSPERAN BANK — 2002
What PROSPERAN 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 | 78,691,000 | 89,007,000 | 100,865,000 | 112,118,000 |
| Total loans | 62,599,000 | 69,500,000 | 77,982,000 | 84,196,000 |
| Allowance for loan losses | 736,000 | 801,000 | 756,000 | 811,000 |
| Securities available for sale | 8,994,000 | 8,776,000 | 7,901,000 | 13,377,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,644,000 | 76,498,000 | 89,319,000 | 98,218,000 |
| Interest-bearing deposits | 61,396,000 | 68,515,000 | 74,669,000 | 80,198,000 |
| Noninterest-bearing deposits | 6,248,000 | 7,983,000 | 14,650,000 | 18,020,000 |
| Equity capital | 6,231,000 | 6,428,000 | 7,076,000 | 9,163,000 |
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 | 1,281,000 | 2,662,000 | 4,224,000 | 5,573,000 |
| Interest expense | 478,000 | 979,000 | 1,531,000 | 2,086,000 |
| Net interest income | 803,000 | 1,683,000 | 2,693,000 | 3,487,000 |
| Noninterest income | 51,000 | 109,000 | 182,000 | 572,000 |
| Noninterest expense | 610,000 | 1,373,000 | 2,186,000 | 3,080,000 |
| Provision for loan losses | 0 | 71,000 | 143,000 | 196,000 |
| Pretax income | 244,000 | 348,000 | 554,000 | 791,000 |
| Income tax | 138,000 | 138,000 | 138,000 | 103,000 |
| Net income | 106,000 | 210,000 | 416,000 | 688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,226,000 | 6,330,000 | 6,951,000 | 9,049,000 |
| Total capital | 6,962,000 | 7,131,000 | 7,707,000 | 9,860,000 |
| Risk-weighted assets | 67,808,000 | 75,862,000 | 84,931,000 | 90,471,000 |