Call reports 2002
1ST STATE BANK — 2002
What 1ST 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 | 341,145,000 | 348,515,000 | 345,742,000 | 341,616,000 |
| Total loans | 217,083,000 | 220,069,000 | 228,989,000 | 232,134,000 |
| Allowance for loan losses | 3,640,000 | 3,700,000 | 3,732,000 | 3,790,000 |
| Securities available for sale | 88,640,000 | 87,933,000 | 77,562,000 | 76,278,000 |
| Securities held to maturity | 11,618,000 | 10,118,000 | 11,114,000 | 11,110,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,857,000 | 263,788,000 | 265,861,000 | 255,776,000 |
| Interest-bearing deposits | 235,690,000 | 247,260,000 | 247,140,000 | 236,019,000 |
| Noninterest-bearing deposits | 13,167,000 | 16,528,000 | 18,721,000 | 19,757,000 |
| Equity capital | 56,982,000 | 59,424,000 | 53,464,000 | 54,481,000 |
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 | 4,898,000 | 9,832,000 | 14,716,000 | 19,260,000 |
| Interest expense | 2,018,000 | 3,828,000 | 5,573,000 | 7,170,000 |
| Net interest income | 2,880,000 | 6,004,000 | 9,143,000 | 12,090,000 |
| Noninterest income | 747,000 | 1,475,000 | 2,053,000 | 2,886,000 |
| Noninterest expense | 1,919,000 | 4,032,000 | 6,106,000 | 8,243,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,695,000 | 3,374,000 | 4,957,000 | 6,540,000 |
| Income tax | 601,000 | 1,194,000 | 1,754,000 | 2,325,000 |
| Net income | 1,094,000 | 2,180,000 | 3,203,000 | 4,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,036,000 | 58,044,000 | 51,959,000 | 52,363,000 |
| Total capital | 58,892,000 | 60,988,000 | 54,949,000 | 55,390,000 |
| Risk-weighted assets | 227,718,000 | 234,782,000 | 238,500,000 | 241,399,000 |