Call reports 2002
PINELAND STATE BANK — 2002
What PINELAND STATE 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 | 65,468,000 | 63,397,000 | 61,541,000 | 62,469,000 |
| Total loans | 44,669,000 | 44,237,000 | 45,556,000 | 44,014,000 |
| Allowance for loan losses | 818,000 | 858,000 | 913,000 | 862,000 |
| Securities available for sale | 3,797,000 | 4,970,000 | 3,499,000 | 4,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,059,000 | 56,560,000 | 54,703,000 | 55,513,000 |
| Interest-bearing deposits | 50,030,000 | 49,345,000 | 48,784,000 | 49,831,000 |
| Noninterest-bearing deposits | 7,029,000 | 7,215,000 | 5,919,000 | 5,682,000 |
| Equity capital | 6,354,000 | 6,405,000 | 6,417,000 | 6,499,000 |
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 | 1,091,000 | 2,142,000 | 3,207,000 | 4,225,000 |
| Interest expense | 431,000 | 788,000 | 1,116,000 | 1,440,000 |
| Net interest income | 660,000 | 1,354,000 | 2,091,000 | 2,785,000 |
| Noninterest income | 153,000 | 292,000 | 409,000 | 501,000 |
| Noninterest expense | 674,000 | 1,415,000 | 2,038,000 | 2,657,000 |
| Provision for loan losses | 247,000 | 321,000 | 562,000 | 649,000 |
| Pretax income | -108,000 | -90,000 | -100,000 | -20,000 |
| Income tax | -44,000 | -33,000 | -37,000 | -34,000 |
| Net income | -64,000 | -57,000 | -63,000 | 14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,764,000 | 4,830,000 | 4,883,000 | 5,019,000 |
| Total capital | 5,385,000 | 5,442,000 | 5,499,000 | 5,622,000 |
| Risk-weighted assets | 49,480,000 | 48,724,000 | 48,944,000 | 48,005,000 |