Call reports 2002
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2002
What BEACON BUSINESS 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 | 128,486,000 | 134,535,000 | 130,895,000 | 134,252,000 |
| Total loans | 82,108,000 | 86,667,000 | 86,479,000 | 90,226,000 |
| Allowance for loan losses | 1,123,000 | 1,123,000 | 1,121,000 | 1,123,000 |
| Securities available for sale | 37,230,000 | 34,962,000 | 36,500,000 | 36,072,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,162,000 | 107,740,000 | 104,531,000 | 100,940,000 |
| Interest-bearing deposits | 89,496,000 | 90,358,000 | 88,505,000 | 82,735,000 |
| Noninterest-bearing deposits | 14,666,000 | 17,382,000 | 16,026,000 | 18,205,000 |
| Equity capital | 11,770,000 | 12,209,000 | 12,850,000 | 12,427,000 |
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 | 1,926,000 | 3,821,000 | 5,708,000 | 7,523,000 |
| Interest expense | 645,000 | 1,227,000 | 1,798,000 | 2,319,000 |
| Net interest income | 1,281,000 | 2,594,000 | 3,910,000 | 5,204,000 |
| Noninterest income | 161,000 | 288,000 | 428,000 | 551,000 |
| Noninterest expense | 930,000 | 1,847,000 | 2,766,000 | 3,640,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 517,000 | 1,040,000 | 1,577,000 | 2,120,000 |
| Income tax | 35,000 | 68,000 | 93,000 | 99,000 |
| Net income | 482,000 | 972,000 | 1,484,000 | 2,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,249,000 | 9,289,000 | 9,351,000 | 9,238,000 |
| Total capital | 10,372,000 | 10,412,000 | 10,472,000 | 10,361,000 |
| Risk-weighted assets | 93,280,000 | 96,735,000 | 94,535,000 | 98,360,000 |