Call reports 2002
UNIVERSITY BANK — 2002
What UNIVERSITY 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 | 45,023,000 | 43,763,000 | 43,608,000 | 46,267,000 |
| Total loans | 36,303,000 | 33,920,000 | 33,985,000 | 34,743,000 |
| Allowance for loan losses | 550,000 | 570,000 | 589,000 | 408,000 |
| Securities available for sale | 2,106,000 | 2,264,000 | 1,855,000 | 3,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,949,000 | 40,078,000 | 39,621,000 | 42,109,000 |
| Interest-bearing deposits | 37,797,000 | 38,112,000 | 38,247,000 | 39,931,000 |
| Noninterest-bearing deposits | 3,152,000 | 1,966,000 | 1,374,000 | 2,178,000 |
| Equity capital | 2,697,000 | 2,620,000 | 2,950,000 | 3,310,000 |
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 | 771,000 | 1,671,000 | 2,512,000 | 3,247,000 |
| Interest expense | 277,000 | 524,000 | 767,000 | 1,018,000 |
| Net interest income | 494,000 | 1,147,000 | 1,745,000 | 2,229,000 |
| Noninterest income | 980,000 | 1,442,000 | 2,243,000 | 3,838,000 |
| Noninterest expense | 1,467,000 | 2,701,000 | 4,001,000 | 5,691,000 |
| Provision for loan losses | 23,000 | 45,000 | 60,000 | 100,000 |
| Pretax income | -16,000 | -157,000 | -3,000 | 346,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -16,000 | -157,000 | -3,000 | 346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,213,000 | 3,021,000 | 3,176,000 | 3,546,000 |
| Total capital | 3,655,000 | 3,439,000 | 3,613,000 | 3,954,000 |
| Risk-weighted assets | 35,289,000 | 33,256,000 | 34,843,000 | 35,310,000 |