Call reports 2002
BANKFIRST — 2002
What BANKFIRST 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 | 929,405,000 | 884,576,000 | 887,834,000 | 860,717,000 |
| Total loans | 831,851,000 | 824,163,000 | 842,549,000 | 840,027,000 |
| Allowance for loan losses | 138,161,000 | 131,297,000 | 142,647,000 | 172,681,000 |
| Securities available for sale | 119,629,000 | 97,543,000 | 97,161,000 | 96,877,000 |
| Securities held to maturity | 161,000 | 161,000 | 161,000 | 155,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 755,609,000 | 705,105,000 | 713,886,000 | 710,930,000 |
| Interest-bearing deposits | 749,185,000 | 698,850,000 | 707,638,000 | 703,648,000 |
| Noninterest-bearing deposits | 6,424,000 | 6,255,000 | 6,248,000 | 7,282,000 |
| Equity capital | 144,719,000 | 151,494,000 | 150,713,000 | 128,934,000 |
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 | 76,513,000 | 140,645,000 | 205,119,000 | 262,481,000 |
| Interest expense | 7,268,000 | 13,952,000 | 20,307,000 | 26,403,000 |
| Net interest income | 69,245,000 | 126,693,000 | 184,812,000 | 236,078,000 |
| Noninterest income | 24,859,000 | 48,325,000 | 72,833,000 | 93,342,000 |
| Noninterest expense | 34,932,000 | 65,703,000 | 97,296,000 | 126,612,000 |
| Provision for loan losses | 40,725,000 | 78,700,000 | 128,900,000 | 206,150,000 |
| Pretax income | 18,579,000 | 30,781,000 | 31,606,000 | -3,182,000 |
| Income tax | 7,154,000 | 11,853,000 | 12,171,000 | -1,290,000 |
| Net income | 11,425,000 | 18,928,000 | 19,435,000 | -1,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 142,340,000 | 149,843,000 | 150,350,000 | 129,023,000 |
| Total capital | 153,732,000 | 161,044,000 | 161,842,000 | 140,734,000 |
| Risk-weighted assets | 784,616,000 | 775,975,000 | 788,165,000 | 775,921,000 |