Call reports 2002
ARBOR BANK — 2002
What ARBOR 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 | 62,357,000 | 63,683,000 | 65,371,000 | 65,026,000 |
| Total loans | 35,504,000 | 37,412,000 | 37,844,000 | 37,546,000 |
| Allowance for loan losses | 689,000 | 714,000 | 729,000 | 753,000 |
| Securities available for sale | 20,351,000 | 23,312,000 | 21,892,000 | 23,150,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,838,000 | 46,858,000 | 49,419,000 | 49,223,000 |
| Interest-bearing deposits | 40,521,000 | 40,516,000 | 41,257,000 | 42,641,000 |
| Noninterest-bearing deposits | 7,317,000 | 6,342,000 | 8,162,000 | 6,582,000 |
| Equity capital | 6,282,000 | 6,698,000 | 6,988,000 | 7,143,000 |
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 | 942,000 | 1,907,000 | 2,868,000 | 3,804,000 |
| Interest expense | 304,000 | 593,000 | 895,000 | 1,184,000 |
| Net interest income | 638,000 | 1,314,000 | 1,973,000 | 2,620,000 |
| Noninterest income | 80,000 | 167,000 | 255,000 | 351,000 |
| Noninterest expense | 454,000 | 945,000 | 1,413,000 | 1,909,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 72,000 |
| Pretax income | 246,000 | 500,000 | 761,000 | 990,000 |
| Income tax | 75,000 | 143,000 | 211,000 | 268,000 |
| Net income | 171,000 | 357,000 | 550,000 | 722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,346,000 | 6,533,000 | 6,625,000 | 6,798,000 |
| Total capital | 6,833,000 | 7,048,000 | 7,147,000 | 7,329,000 |
| Risk-weighted assets | 38,793,000 | 41,005,000 | 41,571,000 | 42,288,000 |