Call reports 2001
FIRST GASTON BANK OF NORTH CAROLINA — 2001
What FIRST GASTON BANK OF NORTH CAROLINA 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 | 119,916,000 | 124,386,000 | 127,890,000 | 137,733,000 |
| Total loans | 88,592,000 | 90,248,000 | 94,924,000 | 105,450,000 |
| Allowance for loan losses | 1,381,000 | 1,341,000 | 1,376,000 | 1,452,000 |
| Securities available for sale | 20,530,000 | 21,370,000 | 23,974,000 | 24,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,456,000 | 101,152,000 | 104,963,000 | 109,397,000 |
| Interest-bearing deposits | 86,385,000 | 88,207,000 | 92,171,000 | 95,406,000 |
| Noninterest-bearing deposits | 12,071,000 | 12,945,000 | 12,792,000 | 13,991,000 |
| Equity capital | 12,058,000 | 12,314,000 | 12,726,000 | 12,686,000 |
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 | 2,518,000 | 4,557,000 | 6,723,000 | 8,784,000 |
| Interest expense | 1,243,000 | 2,430,000 | 3,479,000 | 4,447,000 |
| Net interest income | 1,275,000 | 2,127,000 | 3,244,000 | 4,337,000 |
| Noninterest income | 140,000 | 685,000 | 1,097,000 | 1,671,000 |
| Noninterest expense | 995,000 | 1,999,000 | 3,071,000 | 4,357,000 |
| Provision for loan losses | 95,000 | 122,000 | 212,000 | 387,000 |
| Pretax income | 325,000 | 699,000 | 1,068,000 | 1,269,000 |
| Income tax | 83,000 | 212,000 | 339,000 | 411,000 |
| Net income | 242,000 | 487,000 | 729,000 | 858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,840,000 | 12,074,000 | 12,327,000 | 12,455,000 |
| Total capital | 13,034,000 | 13,278,000 | 13,614,000 | 13,850,000 |
| Risk-weighted assets | 95,318,000 | 96,401,000 | 102,853,000 | 111,567,000 |