Call reports 2002
FIRST GASTON BANK OF NORTH CAROLINA — 2002
What FIRST GASTON BANK OF NORTH CAROLINA 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 | 143,267,000 | 151,843,000 | 166,392,000 | 169,774,000 |
| Total loans | 110,317,000 | 118,806,000 | 128,418,000 | 130,810,000 |
| Allowance for loan losses | 1,523,000 | 1,581,000 | 1,714,000 | 1,843,000 |
| Securities available for sale | 24,477,000 | 25,223,000 | 25,747,000 | 24,305,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,730,000 | 123,823,000 | 135,641,000 | 141,571,000 |
| Interest-bearing deposits | 98,760,000 | 109,133,000 | 118,922,000 | 126,465,000 |
| Noninterest-bearing deposits | 16,970,000 | 14,690,000 | 16,719,000 | 15,105,000 |
| Equity capital | 12,854,000 | 12,983,000 | 13,526,000 | 13,765,000 |
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 | 1,996,000 | 4,127,000 | 6,374,000 | 8,645,000 |
| Interest expense | 891,000 | 1,783,000 | 2,695,000 | 3,603,000 |
| Net interest income | 1,105,000 | 2,344,000 | 3,679,000 | 5,042,000 |
| Noninterest income | 646,000 | 1,186,000 | 1,928,000 | 2,673,000 |
| Noninterest expense | 1,198,000 | 2,388,000 | 3,716,000 | 5,165,000 |
| Provision for loan losses | 70,000 | 180,000 | 374,000 | 529,000 |
| Pretax income | 483,000 | 969,000 | 1,525,000 | 2,089,000 |
| Income tax | 168,000 | 337,000 | 529,000 | 724,000 |
| Net income | 315,000 | 632,000 | 996,000 | 1,365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,686,000 | 12,574,000 | 12,938,000 | 12,742,000 |
| Total capital | 14,128,000 | 14,103,000 | 14,591,000 | 14,422,000 |
| Risk-weighted assets | 115,253,000 | 122,281,000 | 132,167,000 | 134,203,000 |