Call reports 2002
FARMERS BANK OF LYNCHBURG, THE — 2002
What FARMERS BANK OF LYNCHBURG, THE 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 | 64,327,000 | 61,876,000 | 61,389,000 | 65,168,000 |
| Total loans | 34,076,000 | 32,119,000 | 30,811,000 | 32,141,000 |
| Allowance for loan losses | 876,000 | 843,000 | 860,000 | 825,000 |
| Securities available for sale | 20,565,000 | 21,816,000 | 17,867,000 | 28,775,000 |
| Securities held to maturity | 1,213,000 | 949,000 | 526,000 | 318,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,238,000 | 53,593,000 | 52,981,000 | 52,964,000 |
| Interest-bearing deposits | 48,759,000 | 46,366,000 | 45,923,000 | 45,568,000 |
| Noninterest-bearing deposits | 7,479,000 | 7,227,000 | 7,058,000 | 7,396,000 |
| Equity capital | 7,869,000 | 8,062,000 | 8,147,000 | 8,152,000 |
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 | 1,007,000 | 1,999,000 | 2,909,000 | 3,808,000 |
| Interest expense | 402,000 | 737,000 | 1,060,000 | 1,381,000 |
| Net interest income | 605,000 | 1,262,000 | 1,849,000 | 2,427,000 |
| Noninterest income | 42,000 | 81,000 | 129,000 | 192,000 |
| Noninterest expense | 466,000 | 958,000 | 1,410,000 | 1,902,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 183,000 | 389,000 | 617,000 | 865,000 |
| Income tax | 49,000 | 101,000 | 180,000 | 273,000 |
| Net income | 134,000 | 288,000 | 437,000 | 592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,897,000 | 7,949,000 | 7,998,000 | 8,052,000 |
| Total capital | 8,271,000 | 8,299,000 | 8,343,000 | 8,423,000 |
| Risk-weighted assets | 29,428,000 | 27,468,000 | 27,095,000 | 29,538,000 |