Call reports 2002
BANK OF WESTPORT — 2002
What BANK OF WESTPORT 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 | 44,048,000 | 47,825,000 | 50,790,000 | 60,477,000 |
| Total loans | 34,677,000 | 37,009,000 | 39,604,000 | 41,587,000 |
| Allowance for loan losses | 385,000 | 395,000 | 561,000 | 418,000 |
| Securities available for sale | 2,501,000 | 2,389,000 | 2,273,000 | 3,345,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,608,000 | 43,369,000 | 44,981,000 | 53,789,000 |
| Interest-bearing deposits | 30,675,000 | 30,369,000 | 33,816,000 | 40,143,000 |
| Noninterest-bearing deposits | 8,933,000 | 13,000,000 | 11,165,000 | 13,646,000 |
| Equity capital | 4,337,000 | 4,343,000 | 4,135,000 | 6,517,000 |
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 | 629,000 | 1,266,000 | 1,943,000 | 2,650,000 |
| Interest expense | 164,000 | 298,000 | 430,000 | 574,000 |
| Net interest income | 465,000 | 968,000 | 1,513,000 | 2,076,000 |
| Noninterest income | 37,000 | 73,000 | 117,000 | 160,000 |
| Noninterest expense | 489,000 | 1,022,000 | 1,666,000 | 2,229,000 |
| Provision for loan losses | 0 | 10,000 | 179,000 | 280,000 |
| Pretax income | 28,000 | 24,000 | -200,000 | -258,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 28,000 | 24,000 | -200,000 | -258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,312,000 | 4,307,000 | 4,083,000 | 6,442,000 |
| Total capital | 4,692,000 | 4,702,000 | 4,528,000 | 6,860,000 |
| Risk-weighted assets | 30,847,000 | 32,680,000 | 35,643,000 | 38,885,000 |