Call reports 2001
SOLUTIONSBANK — 2001
What SOLUTIONSBANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 85,943,000 | 84,664,000 | 80,076,000 | 82,683,000 |
| Total loans | 61,775,000 | 62,128,000 | 58,966,000 | 59,085,000 |
| Allowance for loan losses | 884,000 | 895,000 | 964,000 | 925,000 |
| Securities available for sale | 13,042,000 | 15,929,000 | 15,629,000 | 12,916,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,778,000 | 75,407,000 | 67,115,000 | 67,342,000 |
| Interest-bearing deposits | 69,275,000 | 67,749,000 | 59,797,000 | 58,645,000 |
| Noninterest-bearing deposits | 7,503,000 | 7,658,000 | 7,318,000 | 8,697,000 |
| Equity capital | 6,638,000 | 6,661,000 | 6,873,000 | 7,853,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,858,000 | 3,535,000 | 5,098,000 | 6,386,000 |
| Interest expense | 973,000 | 1,893,000 | 2,683,000 | 3,285,000 |
| Net interest income | 885,000 | 1,642,000 | 2,415,000 | 3,101,000 |
| Noninterest income | 64,000 | 137,000 | 213,000 | 308,000 |
| Noninterest expense | 714,000 | 1,471,000 | 2,211,000 | 2,828,000 |
| Provision for loan losses | 36,000 | 42,000 | 78,000 | 114,000 |
| Pretax income | 239,000 | 316,000 | 389,000 | 522,000 |
| Income tax | 75,000 | 101,000 | 101,000 | 274,000 |
| Net income | 164,000 | 215,000 | 288,000 | 248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,544,000 | 6,595,000 | 6,668,000 | 7,728,000 |
| Total capital | 7,347,000 | 7,399,000 | 7,423,000 | 8,504,000 |
| Risk-weighted assets | 64,127,000 | 64,208,000 | 60,162,000 | 61,945,000 |