Call reports 2002
ATLANTIC SOUTHERN BANK — 2002
What ATLANTIC SOUTHERN 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 | 32,609,000 | 51,169,000 | 67,830,000 | 79,606,000 |
| Total loans | 21,528,000 | 38,538,000 | 52,501,000 | 68,212,000 |
| Allowance for loan losses | 215,000 | 385,000 | 535,000 | 750,000 |
| Securities available for sale | 5,012,000 | 4,918,000 | 5,790,000 | 6,349,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,439,000 | 44,024,000 | 60,511,000 | 70,706,000 |
| Interest-bearing deposits | 22,346,000 | 41,008,000 | 55,784,000 | 65,004,000 |
| Noninterest-bearing deposits | 3,093,000 | 3,016,000 | 4,727,000 | 5,701,000 |
| Equity capital | 7,102,000 | 6,973,000 | 6,977,000 | 6,882,000 |
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 | 262,000 | 830,000 | 1,656,000 | 2,622,000 |
| Interest expense | 79,000 | 319,000 | 657,000 | 1,067,000 |
| Net interest income | 183,000 | 511,000 | 999,000 | 1,555,000 |
| Noninterest income | 6,000 | 19,000 | 40,000 | 58,000 |
| Noninterest expense | 379,000 | 770,000 | 1,163,000 | 1,629,000 |
| Provision for loan losses | 190,000 | 360,000 | 510,000 | 725,000 |
| Pretax income | -380,000 | -600,000 | -634,000 | -741,000 |
| Income tax | 0 | 0 | 0 | 4,000 |
| Net income | -380,000 | -600,000 | -634,000 | -745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,148,000 | 6,928,000 | 6,893,000 | 6,783,000 |
| Total capital | 7,363,000 | 7,313,000 | 7,428,000 | 7,533,000 |
| Risk-weighted assets | 24,704,000 | 42,887,000 | 58,022,000 | 73,266,000 |