Call reports 2002
BENEFICIAL NATIONAL BANK USA — 2002
What BENEFICIAL NATIONAL BANK USA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Total assets | 77,299,000 | 76,020,000 |
| Total loans | 14,578,000 | 12,377,000 |
| Allowance for loan losses | 2,609,000 | 1,156,000 |
| Securities available for sale | 1,496,000 | 1,511,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 8,000 | 9,000 |
| Interest-bearing deposits | 0 | 0 |
| Noninterest-bearing deposits | 8,000 | 9,000 |
| Equity capital | 60,463,000 | 61,799,000 |
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 |
|---|---|---|
| Interest income | 1,046,000 | 1,965,000 |
| Interest expense | 72,000 | 113,000 |
| Net interest income | 974,000 | 1,852,000 |
| Noninterest income | 32,000 | 23,000 |
| Noninterest expense | 191,000 | 296,000 |
| Provision for loan losses | 736,000 | -592,000 |
| Pretax income | 79,000 | 2,171,000 |
| Income tax | 31,000 | 805,000 |
| Net income | 48,000 | 1,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Tier 1 capital | 60,481,000 | 61,799,000 |
| Total capital | 60,848,000 | 62,131,000 |
| Risk-weighted assets | 27,085,000 | 25,726,000 |