Call reports 2002
BANKNORTH — 2002
What BANKNORTH 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 | 57,137,000 | 64,958,000 | 68,037,000 | 64,682,000 |
| Total loans | 43,065,000 | 51,604,000 | 53,759,000 | 51,358,000 |
| Allowance for loan losses | 567,000 | 594,000 | 592,000 | 577,000 |
| Securities available for sale | 7,004,000 | 6,896,000 | 6,474,000 | 5,376,000 |
| Securities held to maturity | 2,909,000 | 2,044,000 | 2,016,000 | 2,003,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,449,000 | 50,096,000 | 49,393,000 | 51,676,000 |
| Interest-bearing deposits | 41,549,000 | 45,422,000 | 44,654,000 | 45,184,000 |
| Noninterest-bearing deposits | 4,900,000 | 4,674,000 | 4,739,000 | 6,492,000 |
| Equity capital | 6,852,000 | 4,853,000 | 5,416,000 | 5,623,000 |
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 | 982,000 | 2,025,000 | 3,201,000 | 4,330,000 |
| Interest expense | 372,000 | 760,000 | 1,187,000 | 1,568,000 |
| Net interest income | 610,000 | 1,265,000 | 2,014,000 | 2,762,000 |
| Noninterest income | 30,000 | 58,000 | 74,000 | 100,000 |
| Noninterest expense | 427,000 | 867,000 | 1,290,000 | 1,785,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 40,000 |
| Pretax income | 213,000 | 456,000 | 788,000 | 1,037,000 |
| Income tax | 13,000 | 28,000 | 48,000 | 65,000 |
| Net income | 200,000 | 428,000 | 740,000 | 972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,784,000 | 4,714,000 | 5,227,000 | 5,455,000 |
| Total capital | 7,351,000 | 5,308,000 | 5,819,000 | 6,032,000 |
| Risk-weighted assets | 47,841,000 | 52,677,000 | 53,384,000 | 52,006,000 |