Call reports 2002
ADRIAN STATE BANK — 2002
What ADRIAN STATE 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 | 25,405,000 | 25,620,000 | 26,241,000 | 28,179,000 |
| Total loans | 12,745,000 | 13,635,000 | 13,588,000 | 13,248,000 |
| Allowance for loan losses | 160,000 | 139,000 | 149,000 | 129,000 |
| Securities available for sale | 7,796,000 | 8,372,000 | 7,845,000 | 8,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,903,000 | 21,972,000 | 22,473,000 | 24,494,000 |
| Interest-bearing deposits | 18,665,000 | 19,034,000 | 19,228,000 | 20,539,000 |
| Noninterest-bearing deposits | 3,238,000 | 2,938,000 | 3,245,000 | 3,955,000 |
| Equity capital | 2,940,000 | 3,119,000 | 3,239,000 | 3,221,000 |
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 | 372,000 | 759,000 | 1,144,000 | 1,517,000 |
| Interest expense | 152,000 | 301,000 | 449,000 | 598,000 |
| Net interest income | 220,000 | 458,000 | 695,000 | 919,000 |
| Noninterest income | 24,000 | 48,000 | 70,000 | 92,000 |
| Noninterest expense | 193,000 | 372,000 | 560,000 | 800,000 |
| Provision for loan losses | 6,000 | 15,000 | 24,000 | 33,000 |
| Pretax income | 45,000 | 119,000 | 181,000 | 193,000 |
| Income tax | 0 | 0 | 0 | -36,000 |
| Net income | 45,000 | 119,000 | 181,000 | 229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,899,000 | 2,941,000 | 2,971,000 | 2,974,000 |
| Total capital | 3,059,000 | 3,080,000 | 3,120,000 | 3,103,000 |
| Risk-weighted assets | 15,502,000 | 16,205,000 | 16,392,000 | 16,427,000 |