Call reports 2001
FIRST NATIONAL BANK, CORTEZ — 2001
What FIRST NATIONAL BANK, CORTEZ reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 63,054,000 | 64,024,000 | 66,677,000 | 67,859,000 |
| Total loans | 24,617,000 | 24,090,000 | 23,800,000 | 23,336,000 |
| Allowance for loan losses | 307,000 | 336,000 | 345,000 | 355,000 |
| Securities available for sale | 33,070,000 | 33,823,000 | 37,384,000 | 39,825,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,731,000 | 53,078,000 | 55,990,000 | 56,278,000 |
| Interest-bearing deposits | 42,442,000 | 43,509,000 | 44,871,000 | 46,841,000 |
| Noninterest-bearing deposits | 8,289,000 | 9,569,000 | 11,119,000 | 9,437,000 |
| Equity capital | 6,183,000 | 6,297,000 | 6,912,000 | 6,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,128,000 | 2,241,000 | 3,395,000 | 4,538,000 |
| Interest expense | 495,000 | 986,000 | 1,451,000 | 1,846,000 |
| Net interest income | 633,000 | 1,255,000 | 1,944,000 | 2,692,000 |
| Noninterest income | 99,000 | 206,000 | 322,000 | 442,000 |
| Noninterest expense | 584,000 | 1,168,000 | 1,766,000 | 2,346,000 |
| Provision for loan losses | 3,000 | 18,000 | 28,000 | 43,000 |
| Pretax income | 151,000 | 296,000 | 510,000 | 784,000 |
| Income tax | 47,000 | 74,000 | 121,000 | 180,000 |
| Net income | 104,000 | 222,000 | 389,000 | 604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,113,000 | 6,231,000 | 6,398,000 | 6,163,000 |
| Total capital | 6,420,000 | 6,567,000 | 6,743,000 | 6,535,000 |
| Risk-weighted assets | 34,339,000 | 34,825,000 | 35,033,000 | 35,036,000 |