Call reports 2002
WELCOME STATE BANK — 2002
What WELCOME STATE 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 | 16,389,000 | 16,043,000 | 16,409,000 | 17,279,000 |
| Total loans | 11,823,000 | 12,123,000 | 12,840,000 | 12,797,000 |
| Allowance for loan losses | 213,000 | 225,000 | 233,000 | 240,000 |
| Securities available for sale | 1,606,000 | 1,621,000 | 1,633,000 | 1,623,000 |
| Securities held to maturity | 153,000 | 141,000 | 136,000 | 136,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,835,000 | 14,458,000 | 14,762,000 | 15,657,000 |
| Interest-bearing deposits | 12,235,000 | 12,012,000 | 11,789,000 | 11,934,000 |
| Noninterest-bearing deposits | 2,600,000 | 2,446,000 | 2,973,000 | 3,723,000 |
| Equity capital | 1,509,000 | 1,546,000 | 1,604,000 | 1,593,000 |
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 | 270,000 | 531,000 | 783,000 | 1,063,000 |
| Interest expense | 95,000 | 183,000 | 263,000 | 341,000 |
| Net interest income | 175,000 | 348,000 | 520,000 | 722,000 |
| Noninterest income | 36,000 | 77,000 | 118,000 | 166,000 |
| Noninterest expense | 126,000 | 235,000 | 355,000 | 552,000 |
| Provision for loan losses | 7,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 78,000 | 175,000 | 260,000 | 306,000 |
| Income tax | 3,000 | 5,000 | 6,000 | 8,000 |
| Net income | 75,000 | 170,000 | 254,000 | 298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,457,000 | 1,481,000 | 1,530,000 | 1,531,000 |
| Total capital | 1,616,000 | 1,642,000 | 1,700,000 | 1,702,000 |
| Risk-weighted assets | 12,746,000 | 12,888,000 | 13,502,000 | 13,241,000 |