Call reports 2002
ALTERRA BANK — 2002
What ALTERRA 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 | 56,603,000 | 62,791,000 | 69,597,000 | 67,090,000 |
| Total loans | 44,800,000 | 50,305,000 | 52,144,000 | 53,300,000 |
| Allowance for loan losses | 777,000 | 875,000 | 694,000 | 864,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,848,000 | 2,841,000 | 2,325,000 | 2,316,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,580,000 | 54,447,000 | 58,237,000 | 57,073,000 |
| Interest-bearing deposits | 44,918,000 | 51,387,000 | 54,506,000 | 52,557,000 |
| Noninterest-bearing deposits | 3,662,000 | 3,060,000 | 3,731,000 | 4,516,000 |
| Equity capital | 6,331,000 | 6,989,000 | 7,382,000 | 6,733,000 |
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 | 794,000 | 1,643,000 | 2,586,000 | 3,480,000 |
| Interest expense | 441,000 | 866,000 | 1,321,000 | 1,738,000 |
| Net interest income | 353,000 | 777,000 | 1,265,000 | 1,742,000 |
| Noninterest income | 32,000 | 80,000 | 141,000 | 211,000 |
| Noninterest expense | 562,000 | 1,121,000 | 1,654,000 | 2,306,000 |
| Provision for loan losses | 75,000 | 175,000 | 595,000 | 1,190,000 |
| Pretax income | -252,000 | -439,000 | -843,000 | -1,543,000 |
| Income tax | 0 | 0 | -50,000 | -49,000 |
| Net income | -252,000 | -439,000 | -793,000 | -1,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,968,000 | 4,627,000 | 5,021,000 | 4,504,000 |
| Total capital | 4,546,000 | 5,277,000 | 5,704,000 | 5,192,000 |
| Risk-weighted assets | 46,059,000 | 51,758,000 | 54,647,000 | 54,882,000 |