Call reports 2002
FLAGSHIP BANK WINSTED — 2002
What FLAGSHIP BANK WINSTED 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 | 39,433,000 | 41,707,000 | 40,815,000 | 43,188,000 |
| Total loans | 24,763,000 | 26,005,000 | 25,540,000 | 24,576,000 |
| Allowance for loan losses | 320,000 | 336,000 | 347,000 | 345,000 |
| Securities available for sale | 8,184,000 | 8,309,000 | 7,831,000 | 9,681,000 |
| Securities held to maturity | 50,000 | 50,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,112,000 | 35,186,000 | 33,956,000 | 35,514,000 |
| Interest-bearing deposits | 26,724,000 | 28,373,000 | 28,139,000 | 28,574,000 |
| Noninterest-bearing deposits | 6,388,000 | 6,813,000 | 5,817,000 | 6,940,000 |
| Equity capital | 3,757,000 | 3,944,000 | 4,219,000 | 4,385,000 |
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 | 642,000 | 1,282,000 | 1,946,000 | 2,559,000 |
| Interest expense | 262,000 | 516,000 | 775,000 | 1,022,000 |
| Net interest income | 380,000 | 766,000 | 1,171,000 | 1,537,000 |
| Noninterest income | 285,000 | 642,000 | 1,088,000 | 1,570,000 |
| Noninterest expense | 491,000 | 1,051,000 | 1,637,000 | 2,209,000 |
| Provision for loan losses | 0 | -10,000 | 0 | 15,000 |
| Pretax income | 174,000 | 367,000 | 622,000 | 883,000 |
| Income tax | 5,000 | 22,000 | 38,000 | 40,000 |
| Net income | 169,000 | 345,000 | 584,000 | 843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,983,000 | 3,019,000 | 3,181,000 | 3,303,000 |
| Total capital | 3,303,000 | 3,355,000 | 3,507,000 | 3,637,000 |
| Risk-weighted assets | 25,941,000 | 26,933,000 | 26,076,000 | 26,724,000 |