Call reports 2002
GREAT NORTH BANK — 2002
What GREAT NORTH 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 | 42,444,000 | 42,945,000 | 42,226,000 | 41,980,000 |
| Total loans | 32,310,000 | 33,442,000 | 33,910,000 | 33,513,000 |
| Allowance for loan losses | 345,000 | 393,000 | 342,000 | 368,000 |
| Securities available for sale | 3,692,000 | 3,706,000 | 3,007,000 | 2,777,000 |
| Securities held to maturity | 0 | 0 | 100,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,940,000 | 31,354,000 | 30,966,000 | 31,144,000 |
| Interest-bearing deposits | 27,019,000 | 27,719,000 | 26,375,000 | 26,512,000 |
| Noninterest-bearing deposits | 3,921,000 | 3,635,000 | 4,591,000 | 4,632,000 |
| Equity capital | 3,574,000 | 3,712,000 | 3,829,000 | 3,917,000 |
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 | 774,000 | 1,594,000 | 2,400,000 | 3,171,000 |
| Interest expense | 312,000 | 623,000 | 926,000 | 1,185,000 |
| Net interest income | 462,000 | 971,000 | 1,474,000 | 1,986,000 |
| Noninterest income | 59,000 | 126,000 | 190,000 | 249,000 |
| Noninterest expense | 328,000 | 636,000 | 969,000 | 1,316,000 |
| Provision for loan losses | 35,000 | 95,000 | 145,000 | 178,000 |
| Pretax income | 158,000 | 366,000 | 561,000 | 752,000 |
| Income tax | 48,000 | 115,000 | 177,000 | 240,000 |
| Net income | 110,000 | 251,000 | 384,000 | 512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,552,000 | 3,661,000 | 3,762,000 | 3,854,000 |
| Total capital | 3,897,000 | 4,042,000 | 4,104,000 | 4,222,000 |
| Risk-weighted assets | 29,782,000 | 30,487,000 | 32,432,000 | 32,109,000 |