Call reports 2002
MORGAN BANK, NATIONAL ASSOCIATION — 2002
What MORGAN BANK, NATIONAL ASSOCIATION 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 | 79,111,000 | 87,761,000 | 95,673,000 | 100,299,000 |
| Total loans | 62,793,000 | 68,817,000 | 71,671,000 | 76,314,000 |
| Allowance for loan losses | 586,000 | 608,000 | 688,000 | 711,000 |
| Securities available for sale | 7,786,000 | 14,019,000 | 17,816,000 | 16,223,000 |
| Securities held to maturity | 142,000 | 130,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,584,000 | 79,032,000 | 85,862,000 | 90,399,000 |
| Interest-bearing deposits | 63,176,000 | 73,956,000 | 81,117,000 | 85,347,000 |
| Noninterest-bearing deposits | 5,408,000 | 5,076,000 | 4,745,000 | 5,052,000 |
| Equity capital | 6,941,000 | 7,176,000 | 7,909,000 | 8,625,000 |
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 | 1,303,000 | 2,731,000 | 4,220,000 | 5,778,000 |
| Interest expense | 564,000 | 1,175,000 | 1,826,000 | 2,442,000 |
| Net interest income | 739,000 | 1,556,000 | 2,394,000 | 3,336,000 |
| Noninterest income | 81,000 | 140,000 | 282,000 | 376,000 |
| Noninterest expense | 555,000 | 1,146,000 | 1,748,000 | 2,408,000 |
| Provision for loan losses | 83,000 | 121,000 | 198,000 | 276,000 |
| Pretax income | 182,000 | 436,000 | 771,000 | 1,087,000 |
| Income tax | 62,000 | 148,000 | 262,000 | 369,000 |
| Net income | 120,000 | 288,000 | 509,000 | 718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,911,000 | 7,055,000 | 7,717,000 | 8,421,000 |
| Total capital | 7,497,000 | 7,663,000 | 8,405,000 | 9,132,000 |
| Risk-weighted assets | 65,319,000 | 71,857,000 | 75,591,000 | 80,606,000 |