Call reports 2002
CUMBERLAND NATIONAL BANK — 2002
What CUMBERLAND NATIONAL 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 | 55,188,000 | 51,595,000 | 56,688,000 | 57,857,000 |
| Total loans | 43,752,000 | 44,307,000 | 43,253,000 | 41,549,000 |
| Allowance for loan losses | 1,636,000 | 1,652,000 | 1,544,000 | 1,450,000 |
| Securities available for sale | 1,831,000 | 1,877,000 | 1,896,000 | 4,251,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,614,000 | 45,710,000 | 51,124,000 | 52,445,000 |
| Interest-bearing deposits | 47,032,000 | 43,178,000 | 48,873,000 | 49,957,000 |
| Noninterest-bearing deposits | 3,582,000 | 2,532,000 | 2,251,000 | 2,488,000 |
| Equity capital | 4,255,000 | 5,216,000 | 5,202,000 | 5,086,000 |
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 | 1,010,000 | 2,064,000 | 3,059,000 | 4,029,000 |
| Interest expense | 594,000 | 1,191,000 | 1,752,000 | 2,338,000 |
| Net interest income | 416,000 | 873,000 | 1,307,000 | 1,691,000 |
| Noninterest income | 29,000 | 66,000 | 152,000 | 171,000 |
| Noninterest expense | 517,000 | 1,087,000 | 1,659,000 | 2,149,000 |
| Provision for loan losses | 125,000 | 742,000 | 742,000 | 812,000 |
| Pretax income | -197,000 | -883,000 | -935,000 | -1,092,000 |
| Income tax | 61,000 | -4,000 | -31,000 | -69,000 |
| Net income | -258,000 | -879,000 | -904,000 | -1,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,704,000 | 4,644,000 | 4,795,000 | 4,685,000 |
| Total capital | 4,258,000 | 5,200,000 | 5,336,000 | 5,235,000 |
| Risk-weighted assets | 43,259,000 | 43,401,000 | 42,315,000 | 43,106,000 |