Call reports 2002
RIGGS BANK NATIONAL ASSOCIATION — 2002
What RIGGS BANK NATIONAL ASSOCIATION 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 | 5,578,464,000 | 5,632,800,000 | 6,133,147,000 | 6,586,547,000 |
| Total loans | 2,751,640,000 | 2,918,890,000 | 2,829,492,000 | 2,995,405,000 |
| Allowance for loan losses | 26,718,000 | 25,318,000 | 26,140,000 | 25,958,000 |
| Securities available for sale | 1,622,283,000 | 1,630,561,000 | 2,080,627,000 | 2,207,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,148,114,000 | 4,228,456,000 | 4,694,668,000 | 4,858,935,000 |
| Interest-bearing deposits | 3,490,462,000 | 3,663,537,000 | 4,092,688,000 | 4,191,894,000 |
| Noninterest-bearing deposits | 657,652,000 | 564,919,000 | 601,980,000 | 667,041,000 |
| Equity capital | 436,189,000 | 463,180,000 | 480,618,000 | 453,016,000 |
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 | 63,250,000 | 127,217,000 | 191,278,000 | 255,762,000 |
| Interest expense | 15,627,000 | 30,283,000 | 46,245,000 | 60,490,000 |
| Net interest income | 47,623,000 | 96,934,000 | 145,033,000 | 195,272,000 |
| Noninterest income | 25,107,000 | 50,742,000 | 75,054,000 | 98,771,000 |
| Noninterest expense | 55,956,000 | 114,840,000 | 173,306,000 | 236,188,000 |
| Provision for loan losses | -1,668,000 | -1,668,000 | -268,000 | 421,000 |
| Pretax income | 18,729,000 | 35,926,000 | 54,444,000 | 66,884,000 |
| Income tax | 5,942,000 | 10,956,000 | 16,468,000 | 20,404,000 |
| Net income | 12,787,000 | 24,970,000 | 37,976,000 | 46,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 438,168,000 | 451,758,000 | 465,388,000 | 436,239,000 |
| Total capital | 464,893,000 | 477,092,000 | 491,528,000 | 462,207,000 |
| Risk-weighted assets | 3,026,118,000 | 3,085,530,000 | 3,213,945,000 | 3,417,964,000 |