Call reports 2002
FIRST NATIONAL BANK, CORTEZ — 2002
What FIRST NATIONAL BANK, CORTEZ 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 | 69,542,000 | 70,325,000 | 69,624,000 | 70,733,000 |
| Total loans | 23,650,000 | 24,025,000 | 24,712,000 | 23,802,000 |
| Allowance for loan losses | 378,000 | 392,000 | 409,000 | 421,000 |
| Securities available for sale | 38,948,000 | 38,814,000 | 39,295,000 | 39,335,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,077,000 | 56,942,000 | 55,865,000 | 56,707,000 |
| Interest-bearing deposits | 46,313,000 | 47,123,000 | 45,436,000 | 46,878,000 |
| Noninterest-bearing deposits | 9,764,000 | 9,819,000 | 10,429,000 | 9,829,000 |
| Equity capital | 6,637,000 | 6,911,000 | 7,148,000 | 6,930,000 |
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 | 1,131,000 | 2,225,000 | 3,301,000 | 4,274,000 |
| Interest expense | 343,000 | 675,000 | 1,005,000 | 1,308,000 |
| Net interest income | 788,000 | 1,550,000 | 2,296,000 | 2,966,000 |
| Noninterest income | 118,000 | 225,000 | 340,000 | 521,000 |
| Noninterest expense | 571,000 | 1,132,000 | 1,710,000 | 2,261,000 |
| Provision for loan losses | 25,000 | 50,000 | 65,000 | 80,000 |
| Pretax income | 328,000 | 613,000 | 880,000 | 1,166,000 |
| Income tax | 103,000 | 197,000 | 272,000 | 353,000 |
| Net income | 225,000 | 416,000 | 608,000 | 813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,288,000 | 6,571,000 | 6,750,000 | 6,476,000 |
| Total capital | 6,666,000 | 6,963,000 | 7,159,000 | 6,923,000 |
| Risk-weighted assets | 35,005,000 | 35,052,000 | 36,225,000 | 37,351,000 |