Call reports 2002
SOLUTIONSBANK — 2002
What SOLUTIONSBANK 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 | 85,707,000 | 86,345,000 | 81,378,000 | 122,380,000 |
| Total loans | 67,680,000 | 65,567,000 | 62,668,000 | 73,422,000 |
| Allowance for loan losses | 978,000 | 1,045,000 | 1,107,000 | 617,000 |
| Securities available for sale | 10,807,000 | 10,577,000 | 10,006,000 | 31,658,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,440,000 | 63,835,000 | 63,454,000 | 101,958,000 |
| Interest-bearing deposits | 56,248,000 | 55,546,000 | 55,636,000 | 87,779,000 |
| Noninterest-bearing deposits | 7,192,000 | 8,289,000 | 7,818,000 | 14,179,000 |
| Equity capital | 7,884,000 | 8,074,000 | 8,128,000 | 11,036,000 |
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 | 1,333,000 | 2,622,000 | 3,847,000 | 5,276,000 |
| Interest expense | 551,000 | 1,064,000 | 1,524,000 | 2,054,000 |
| Net interest income | 782,000 | 1,558,000 | 2,323,000 | 3,222,000 |
| Noninterest income | 55,000 | 130,000 | 193,000 | 331,000 |
| Noninterest expense | 629,000 | 1,305,000 | 2,101,000 | 3,236,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 150,000 | 266,000 | 238,000 | 83,000 |
| Income tax | 54,000 | 95,000 | 54,000 | -6,000 |
| Net income | 96,000 | 171,000 | 184,000 | 89,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,824,000 | 7,899,000 | 7,912,000 | 7,314,000 |
| Total capital | 8,695,000 | 8,763,000 | 8,752,000 | 7,931,000 |
| Risk-weighted assets | 69,587,000 | 68,936,000 | 66,964,000 | 78,468,000 |