Call reports 2002
SEQUOIA NATIONAL BANK — 2002
What SEQUOIA 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 | 55,458,000 | 61,202,000 | 59,966,000 | 58,816,000 |
| Total loans | 44,269,000 | 41,664,000 | 35,402,000 | 32,000,000 |
| Allowance for loan losses | 672,000 | 687,000 | 690,000 | 690,000 |
| Securities available for sale | 1,488,000 | 8,336,000 | 12,156,000 | 14,600,000 |
| Securities held to maturity | 600,000 | 1,355,000 | 577,000 | 326,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,466,000 | 53,108,000 | 51,896,000 | 50,728,000 |
| Interest-bearing deposits | 43,714,000 | 48,933,000 | 46,265,000 | 44,896,000 |
| Noninterest-bearing deposits | 3,752,000 | 4,175,000 | 5,631,000 | 5,832,000 |
| Equity capital | 7,730,000 | 7,784,000 | 7,814,000 | 7,770,000 |
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 | 792,000 | 1,671,000 | 2,528,000 | 3,259,000 |
| Interest expense | 264,000 | 570,000 | 858,000 | 1,086,000 |
| Net interest income | 528,000 | 1,101,000 | 1,670,000 | 2,173,000 |
| Noninterest income | 199,000 | 274,000 | 475,000 | 693,000 |
| Noninterest expense | 566,000 | 1,198,000 | 1,964,000 | 2,729,000 |
| Provision for loan losses | 137,000 | 147,000 | 150,000 | 150,000 |
| Pretax income | 24,000 | 30,000 | 52,000 | 22,000 |
| Income tax | 0 | 1,000 | 1,000 | 0 |
| Net income | 24,000 | 29,000 | 51,000 | 22,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,740,000 | 7,745,000 | 7,761,000 | 7,730,000 |
| Total capital | 8,318,000 | 8,314,000 | 8,255,000 | 8,184,000 |
| Risk-weighted assets | 46,126,000 | 45,436,000 | 39,443,000 | 36,106,000 |