Call reports 2002
FRANKLIN STATE BANK & TRUST COMPANY — 2002
What FRANKLIN STATE BANK & TRUST COMPANY 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 | 91,572,000 | 93,105,000 | 90,539,000 | 93,198,000 |
| Total loans | 54,618,000 | 58,696,000 | 60,334,000 | 57,546,000 |
| Allowance for loan losses | 1,114,000 | 1,103,000 | 1,095,000 | 1,263,000 |
| Securities available for sale | 23,322,000 | 19,301,000 | 16,484,000 | 19,532,000 |
| Securities held to maturity | 4,915,000 | 4,748,000 | 4,698,000 | 4,650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,421,000 | 82,724,000 | 79,315,000 | 84,289,000 |
| Interest-bearing deposits | 67,909,000 | 66,367,000 | 64,931,000 | 68,841,000 |
| Noninterest-bearing deposits | 13,512,000 | 16,357,000 | 14,384,000 | 15,448,000 |
| Equity capital | 9,261,000 | 9,670,000 | 9,393,000 | 8,478,000 |
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 | 1,552,000 | 3,092,000 | 4,656,000 | 6,082,000 |
| Interest expense | 454,000 | 856,000 | 1,233,000 | 1,593,000 |
| Net interest income | 1,098,000 | 2,236,000 | 3,423,000 | 4,489,000 |
| Noninterest income | 190,000 | 396,000 | 570,000 | 774,000 |
| Noninterest expense | 799,000 | 1,593,000 | 2,425,000 | 3,300,000 |
| Provision for loan losses | 0 | 0 | 0 | 200,000 |
| Pretax income | 489,000 | 1,039,000 | 1,568,000 | 1,763,000 |
| Income tax | 151,000 | 308,000 | 480,000 | 509,000 |
| Net income | 338,000 | 731,000 | 1,088,000 | 1,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,193,000 | 9,586,000 | 9,318,000 | 8,404,000 |
| Total capital | 9,837,000 | 10,282,000 | 9,965,000 | 9,057,000 |
| Risk-weighted assets | 51,019,000 | 55,255,000 | 51,350,000 | 51,618,000 |