Call reports 2001
RIGGS BANK NATIONAL ASSOCIATION — 2001
What RIGGS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 5,044,083,000 | 5,043,949,000 | 5,398,460,000 | 5,787,759,000 |
| Total loans | 2,853,944,000 | 2,916,881,000 | 2,897,467,000 | 2,856,092,000 |
| Allowance for loan losses | 34,818,000 | 34,111,000 | 33,002,000 | 29,540,000 |
| Securities available for sale | 1,059,224,000 | 1,001,630,000 | 1,324,160,000 | 1,588,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,417,784,000 | 3,230,899,000 | 3,538,398,000 | 4,014,162,000 |
| Interest-bearing deposits | 2,772,304,000 | 2,650,422,000 | 3,027,011,000 | 3,370,501,000 |
| Noninterest-bearing deposits | 645,480,000 | 580,477,000 | 511,387,000 | 643,661,000 |
| Equity capital | 438,284,000 | 444,291,000 | 469,530,000 | 447,108,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 77,957,000 | 152,082,000 | 225,048,000 | 292,150,000 |
| Interest expense | 33,501,000 | 60,505,000 | 85,919,000 | 104,915,000 |
| Net interest income | 44,456,000 | 91,577,000 | 139,129,000 | 187,235,000 |
| Noninterest income | 25,425,000 | 52,696,000 | 77,782,000 | 104,118,000 |
| Noninterest expense | 55,139,000 | 110,741,000 | 166,785,000 | 256,784,000 |
| Provision for loan losses | 115,000 | 115,000 | 953,000 | 2,526,000 |
| Pretax income | 14,703,000 | 33,494,000 | 49,275,000 | 32,772,000 |
| Income tax | 6,305,000 | 12,411,000 | 18,143,000 | 16,729,000 |
| Net income | 8,398,000 | 21,083,000 | 31,132,000 | 16,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 434,184,000 | 446,691,000 | 457,869,000 | 442,092,000 |
| Total capital | 469,002,000 | 480,802,000 | 490,871,000 | 471,632,000 |
| Risk-weighted assets | 2,957,433,000 | 2,993,605,000 | 3,116,725,000 | 3,141,311,000 |