Call reports 2001
FLAGSHIP NATIONAL BANK — 2001
What FLAGSHIP NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 49,967,000 | 54,045,000 | 54,237,000 | 61,734,000 |
| Total loans | 27,962,000 | 35,922,000 | 37,375,000 | 42,183,000 |
| Allowance for loan losses | 282,000 | 363,000 | 381,000 | 437,000 |
| Securities available for sale | 14,039,000 | 12,918,000 | 10,799,000 | 13,914,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,516,000 | 47,860,000 | 48,222,000 | 55,992,000 |
| Interest-bearing deposits | 40,148,000 | 43,700,000 | 44,408,000 | 51,470,000 |
| Noninterest-bearing deposits | 3,368,000 | 4,160,000 | 3,814,000 | 4,522,000 |
| Equity capital | 6,029,000 | 5,836,000 | 5,808,000 | 5,590,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 848,000 | 1,756,000 | 2,675,000 | 3,601,000 |
| Interest expense | 560,000 | 1,140,000 | 1,702,000 | 2,220,000 |
| Net interest income | 288,000 | 616,000 | 973,000 | 1,381,000 |
| Noninterest income | 26,000 | 59,000 | 78,000 | 146,000 |
| Noninterest expense | 473,000 | 934,000 | 1,417,000 | 1,921,000 |
| Provision for loan losses | 53,000 | 134,000 | 152,000 | 208,000 |
| Pretax income | -187,000 | -368,000 | -493,000 | -575,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -187,000 | -368,000 | -493,000 | -575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,916,000 | 5,735,000 | 5,611,000 | 5,529,000 |
| Total capital | 6,198,000 | 6,098,000 | 5,992,000 | 5,966,000 |
| Risk-weighted assets | 29,241,000 | 35,229,000 | 35,612,000 | 40,788,000 |