Call reports 2002
PIEDMONT BANK — 2002
What PIEDMONT BANK 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 | 241,018,000 | 244,584,000 |
| Total loans | 167,252,000 | 171,469,000 |
| Allowance for loan losses | 2,120,000 | 2,282,000 |
| Securities available for sale | 55,666,000 | 55,687,000 |
| Securities held to maturity | 73,000 | 66,000 |
| Trading assets | 0 | 0 |
| Total deposits | 215,418,000 | 209,204,000 |
| Interest-bearing deposits | 189,418,000 | 182,233,000 |
| Noninterest-bearing deposits | 26,000,000 | 26,971,000 |
| Equity capital | 15,161,000 | 16,439,000 |
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 | 3,310,000 | 6,791,000 |
| Interest expense | 1,738,000 | 3,285,000 |
| Net interest income | 1,572,000 | 3,506,000 |
| Noninterest income | 475,000 | 995,000 |
| Noninterest expense | 1,630,000 | 3,290,000 |
| Provision for loan losses | 133,000 | 348,000 |
| Pretax income | 326,000 | 899,000 |
| Income tax | 101,000 | 279,000 |
| Net income | 225,000 | 620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Tier 1 capital | 15,161,000 | 15,828,000 |
| Total capital | 17,281,000 | 18,114,000 |
| Risk-weighted assets | 190,432,000 | 195,575,000 |