Call reports 2002
SECURED TRUST BANK — 2002
What SECURED TRUST 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 | 48,291,000 | 50,632,000 | 50,639,000 | 53,207,000 |
| Total loans | 20,187,000 | 21,657,000 | 24,265,000 | 26,061,000 |
| Allowance for loan losses | 166,000 | 177,000 | 191,000 | 204,000 |
| Securities available for sale | 17,411,000 | 19,378,000 | 18,605,000 | 17,000,000 |
| Securities held to maturity | 5,018,000 | 4,571,000 | 4,220,000 | 3,791,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,609,000 | 41,714,000 | 41,422,000 | 44,044,000 |
| Interest-bearing deposits | 36,377,000 | 38,041,000 | 38,417,000 | 39,471,000 |
| Noninterest-bearing deposits | 3,232,000 | 3,673,000 | 3,005,000 | 4,573,000 |
| Equity capital | 5,386,000 | 5,684,000 | 5,975,000 | 5,583,000 |
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 | 720,000 | 1,446,000 | 2,172,000 | 2,838,000 |
| Interest expense | 292,000 | 579,000 | 855,000 | 1,110,000 |
| Net interest income | 428,000 | 867,000 | 1,317,000 | 1,728,000 |
| Noninterest income | 373,000 | 739,000 | 1,076,000 | 1,442,000 |
| Noninterest expense | 486,000 | 973,000 | 1,460,000 | 1,976,000 |
| Provision for loan losses | 14,000 | 27,000 | 41,000 | 54,000 |
| Pretax income | 301,000 | 606,000 | 892,000 | 1,140,000 |
| Income tax | 1,000 | 2,000 | 4,000 | 5,000 |
| Net income | 300,000 | 604,000 | 888,000 | 1,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,898,000 | 4,974,000 | 5,030,000 | 4,993,000 |
| Total capital | 5,064,000 | 5,151,000 | 5,221,000 | 5,197,000 |
| Risk-weighted assets | 27,666,000 | 28,800,000 | 30,083,000 | 32,853,000 |