Call reports 2002
SHELBY STATE BANK, THE — 2002
What SHELBY STATE BANK, THE 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 | 140,674,000 | 141,386,000 | 143,159,000 | 144,164,000 |
| Total loans | 81,273,000 | 81,196,000 | 84,302,000 | 84,603,000 |
| Allowance for loan losses | 1,042,000 | 1,052,000 | 1,018,000 | 1,003,000 |
| Securities available for sale | 34,620,000 | 36,724,000 | 36,613,000 | 37,503,000 |
| Securities held to maturity | 4,018,000 | 3,859,000 | 3,742,000 | 3,579,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,973,000 | 123,436,000 | 123,980,000 | 125,307,000 |
| Interest-bearing deposits | 105,823,000 | 105,291,000 | 104,532,000 | 106,373,000 |
| Noninterest-bearing deposits | 17,150,000 | 18,145,000 | 19,447,000 | 18,934,000 |
| Equity capital | 14,405,000 | 15,036,000 | 15,491,000 | 15,545,000 |
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 | 2,205,000 | 4,327,000 | 6,490,000 | 8,646,000 |
| Interest expense | 764,000 | 1,478,000 | 2,181,000 | 2,828,000 |
| Net interest income | 1,441,000 | 2,849,000 | 4,309,000 | 5,818,000 |
| Noninterest income | 312,000 | 681,000 | 995,000 | 1,348,000 |
| Noninterest expense | 1,153,000 | 2,336,000 | 3,534,000 | 4,674,000 |
| Provision for loan losses | 33,000 | 55,000 | 93,000 | 190,000 |
| Pretax income | 567,000 | 1,139,000 | 1,697,000 | 2,322,000 |
| Income tax | 147,000 | 280,000 | 414,000 | 519,000 |
| Net income | 420,000 | 859,000 | 1,283,000 | 1,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,540,000 | 13,800,000 | 13,957,000 | 14,057,000 |
| Total capital | 14,582,000 | 14,852,000 | 14,975,000 | 15,060,000 |
| Risk-weighted assets | 91,140,000 | 91,260,000 | 93,969,000 | 95,522,000 |