Call reports 2002
FIRST SENTINEL BANK — 2002
What FIRST SENTINEL 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 | 62,557,000 | 63,976,000 | 67,554,000 | 68,719,000 |
| Total loans | 31,259,000 | 37,031,000 | 40,431,000 | 42,462,000 |
| Allowance for loan losses | 259,000 | 365,000 | 396,000 | 365,000 |
| Securities available for sale | 22,579,000 | 21,511,000 | 21,370,000 | 18,414,000 |
| Securities held to maturity | 572,000 | 572,000 | 473,000 | 473,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,362,000 | 56,539,000 | 58,688,000 | 60,336,000 |
| Interest-bearing deposits | 48,295,000 | 48,264,000 | 50,541,000 | 52,280,000 |
| Noninterest-bearing deposits | 8,067,000 | 8,275,000 | 8,147,000 | 8,056,000 |
| Equity capital | 5,790,000 | 6,246,000 | 6,712,000 | 6,816,000 |
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 | 1,039,000 | 2,147,000 | 3,298,000 | 4,493,000 |
| Interest expense | 399,000 | 765,000 | 1,121,000 | 1,485,000 |
| Net interest income | 640,000 | 1,382,000 | 2,177,000 | 3,008,000 |
| Noninterest income | 80,000 | 177,000 | 297,000 | 412,000 |
| Noninterest expense | 390,000 | 787,000 | 1,205,000 | 1,734,000 |
| Provision for loan losses | 26,000 | 143,000 | 228,000 | 358,000 |
| Pretax income | 286,000 | 614,000 | 997,000 | 1,284,000 |
| Income tax | 95,000 | 204,000 | 332,000 | 422,000 |
| Net income | 191,000 | 410,000 | 665,000 | 862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,581,000 | 5,808,000 | 6,066,000 | 6,264,000 |
| Total capital | 5,840,000 | 6,173,000 | 6,462,000 | 6,629,000 |
| Risk-weighted assets | 39,082,000 | 42,110,000 | 44,474,000 | 45,144,000 |