Call reports 2002
WELCH STATE BANK OF WELCH, OKLA. — 2002
What WELCH STATE BANK OF WELCH, OKLA. 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 | 93,931,000 | 99,324,000 | 99,678,000 | 103,537,000 |
| Total loans | 76,116,000 | 80,157,000 | 82,424,000 | 84,610,000 |
| Allowance for loan losses | 1,346,000 | 1,285,000 | 1,339,000 | 1,273,000 |
| Securities available for sale | 12,425,000 | 11,683,000 | 11,048,000 | 11,105,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,045,000 | 77,012,000 | 75,283,000 | 79,104,000 |
| Interest-bearing deposits | 67,786,000 | 72,710,000 | 71,272,000 | 74,332,000 |
| Noninterest-bearing deposits | 3,259,000 | 4,302,000 | 4,011,000 | 4,772,000 |
| Equity capital | 7,482,000 | 7,861,000 | 8,492,000 | 8,504,000 |
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 | 1,887,000 | 3,775,000 | 5,683,000 | 7,603,000 |
| Interest expense | 818,000 | 1,629,000 | 2,420,000 | 3,173,000 |
| Net interest income | 1,069,000 | 2,146,000 | 3,263,000 | 4,430,000 |
| Noninterest income | 73,000 | 158,000 | 271,000 | 408,000 |
| Noninterest expense | 635,000 | 1,349,000 | 2,043,000 | 2,839,000 |
| Provision for loan losses | 25,000 | 55,000 | 85,000 | 115,000 |
| Pretax income | 482,000 | 941,000 | 1,455,000 | 1,933,000 |
| Income tax | 451,000 | 451,000 | 451,000 | 451,000 |
| Net income | 31,000 | 490,000 | 1,004,000 | 1,482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,450,000 | 7,709,000 | 8,223,000 | 8,301,000 |
| Total capital | 8,417,000 | 8,713,000 | 9,254,000 | 9,350,000 |
| Risk-weighted assets | 76,993,000 | 80,252,000 | 82,192,000 | 83,749,000 |