Call reports 2002
FIRST PIEDMONT BANK — 2002
What FIRST PIEDMONT 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 | 56,484,000 | 57,310,000 | 63,094,000 | 64,463,000 |
| Total loans | 40,313,000 | 43,141,000 | 46,968,000 | 51,007,000 |
| Allowance for loan losses | 680,000 | 681,000 | 715,000 | 750,000 |
| Securities available for sale | 9,575,000 | 11,053,000 | 9,344,000 | 11,255,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,491,000 | 49,003,000 | 52,520,000 | 53,547,000 |
| Interest-bearing deposits | 43,857,000 | 42,711,000 | 47,262,000 | 49,230,000 |
| Noninterest-bearing deposits | 4,633,000 | 6,292,000 | 5,258,000 | 4,318,000 |
| Equity capital | 7,765,000 | 8,081,000 | 8,256,000 | 8,440,000 |
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 | 955,000 | 1,963,000 | 3,027,000 | 4,110,000 |
| Interest expense | 402,000 | 774,000 | 1,133,000 | 1,506,000 |
| Net interest income | 553,000 | 1,189,000 | 1,894,000 | 2,604,000 |
| Noninterest income | 42,000 | 98,000 | 158,000 | 220,000 |
| Noninterest expense | 402,000 | 828,000 | 1,257,000 | 1,726,000 |
| Provision for loan losses | 0 | 0 | 34,000 | 64,000 |
| Pretax income | 193,000 | 459,000 | 832,000 | 1,105,000 |
| Income tax | 66,000 | 160,000 | 291,000 | 387,000 |
| Net income | 127,000 | 299,000 | 541,000 | 718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,727,000 | 7,899,000 | 8,073,000 | 8,250,000 |
| Total capital | 8,233,000 | 8,436,000 | 8,665,000 | 8,895,000 |
| Risk-weighted assets | 40,300,000 | 42,785,000 | 47,264,000 | 51,518,000 |