Call reports 2002
CITIZENS BANK OF CAPE VINCENT — 2002
What CITIZENS BANK OF CAPE VINCENT 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 | 22,117,000 | 22,641,000 | 23,863,000 | 23,140,000 |
| Total loans | 7,399,000 | 7,343,000 | 7,045,000 | 6,919,000 |
| Allowance for loan losses | 52,000 | 52,000 | 168,000 | 168,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,212,000 | 10,261,000 | 9,953,000 | 10,412,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,657,000 | 18,077,000 | 19,334,000 | 18,556,000 |
| Interest-bearing deposits | 13,487,000 | 13,238,000 | 13,968,000 | 13,574,000 |
| Noninterest-bearing deposits | 4,170,000 | 4,839,000 | 5,366,000 | 4,982,000 |
| Equity capital | 4,428,000 | 4,527,000 | 4,481,000 | 4,533,000 |
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 | 334,000 | 664,000 | 993,000 | 1,302,000 |
| Interest expense | 61,000 | 115,000 | 169,000 | 227,000 |
| Net interest income | 273,000 | 549,000 | 824,000 | 1,075,000 |
| Noninterest income | 15,000 | 31,000 | 45,000 | 65,000 |
| Noninterest expense | 175,000 | 342,000 | 504,000 | 726,000 |
| Provision for loan losses | 0 | 0 | 125,000 | 125,000 |
| Pretax income | 113,000 | 238,000 | 240,000 | 289,000 |
| Income tax | 30,000 | 56,000 | 32,000 | 29,000 |
| Net income | 83,000 | 182,000 | 208,000 | 260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,428,000 | 4,527,000 | 4,481,000 | 4,533,000 |
| Total capital | 4,480,000 | 4,579,000 | 4,637,000 | 4,686,000 |
| Risk-weighted assets | 12,306,000 | 12,333,000 | 12,472,000 | 12,248,000 |