Call reports 2002
PREMIER SERVICE BANK — 2002
What PREMIER SERVICE BANK 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 | 26,804,000 | 31,530,000 | 38,555,000 | 40,846,000 |
| Total loans | 7,660,000 | 10,653,000 | 14,333,000 | 19,810,000 |
| Allowance for loan losses | 99,000 | 129,000 | 164,000 | 268,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,653,000 | 4,012,000 | 5,334,000 | 7,392,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,379,000 | 24,412,000 | 31,713,000 | 34,254,000 |
| Interest-bearing deposits | 11,587,000 | 14,608,000 | 18,644,000 | 20,570,000 |
| Noninterest-bearing deposits | 7,792,000 | 9,804,000 | 13,069,000 | 13,684,000 |
| Equity capital | 7,394,000 | 7,071,000 | 6,777,000 | 6,535,000 |
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 | 197,000 | 483,000 | 838,000 | 1,273,000 |
| Interest expense | 41,000 | 86,000 | 137,000 | 191,000 |
| Net interest income | 156,000 | 397,000 | 701,000 | 1,082,000 |
| Noninterest income | 17,000 | 39,000 | 64,000 | 90,000 |
| Noninterest expense | 510,000 | 1,065,000 | 1,653,000 | 2,198,000 |
| Provision for loan losses | 69,000 | 99,000 | 134,000 | 238,000 |
| Pretax income | -406,000 | -728,000 | -1,022,000 | -1,264,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 2,000 |
| Net income | -407,000 | -730,000 | -1,024,000 | -1,266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,394,000 | 7,071,000 | 6,777,000 | 6,535,000 |
| Total capital | 7,493,000 | 7,200,000 | 6,941,000 | 6,803,000 |
| Risk-weighted assets | 12,656,000 | 15,970,000 | 19,578,000 | 24,201,000 |