Call reports 2002
FLAGSHIP NATIONAL BANK — 2002
What FLAGSHIP 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 | 70,863,000 | 74,129,000 | 80,289,000 | 83,527,000 |
| Total loans | 47,976,000 | 50,501,000 | 56,331,000 | 60,107,000 |
| Allowance for loan losses | 480,000 | 504,000 | 564,000 | 630,000 |
| Securities available for sale | 16,943,000 | 17,425,000 | 16,716,000 | 12,520,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,636,000 | 64,485,000 | 72,527,000 | 74,668,000 |
| Interest-bearing deposits | 57,334,000 | 57,246,000 | 65,729,000 | 67,244,000 |
| Noninterest-bearing deposits | 5,302,000 | 7,239,000 | 6,798,000 | 7,424,000 |
| Equity capital | 5,329,000 | 5,873,000 | 6,050,000 | 6,146,000 |
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 | 984,000 | 2,092,000 | 3,230,000 | 4,400,000 |
| Interest expense | 493,000 | 981,000 | 1,490,000 | 1,991,000 |
| Net interest income | 491,000 | 1,111,000 | 1,740,000 | 2,409,000 |
| Noninterest income | 40,000 | 100,000 | 194,000 | 260,000 |
| Noninterest expense | 528,000 | 1,075,000 | 1,692,000 | 2,222,000 |
| Provision for loan losses | 43,000 | 69,000 | 129,000 | 195,000 |
| Pretax income | -40,000 | 70,000 | 200,000 | 402,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -40,000 | 70,000 | 200,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,488,000 | 5,599,000 | 5,729,000 | 5,931,000 |
| Total capital | 5,968,000 | 6,103,000 | 6,293,000 | 6,561,000 |
| Risk-weighted assets | 46,046,000 | 49,440,000 | 57,208,000 | 61,248,000 |