Call reports 2002
SECURITY EXCHANGE BANK — 2002
What SECURITY EXCHANGE 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 | 38,000,000 | 44,833,000 | 52,946,000 | 59,968,000 |
| Total loans | 29,396,000 | 34,484,000 | 40,030,000 | 44,614,000 |
| Allowance for loan losses | 304,000 | 355,000 | 409,000 | 455,000 |
| Securities available for sale | 5,460,000 | 4,982,000 | 9,115,000 | 11,359,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,613,000 | 37,286,000 | 45,099,000 | 51,798,000 |
| Interest-bearing deposits | 26,884,000 | 34,742,000 | 42,993,000 | 49,858,000 |
| Noninterest-bearing deposits | 3,729,000 | 2,544,000 | 2,106,000 | 1,940,000 |
| Equity capital | 7,285,000 | 7,447,000 | 7,696,000 | 7,932,000 |
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 | 560,000 | 1,201,000 | 1,977,000 | 2,907,000 |
| Interest expense | 213,000 | 445,000 | 754,000 | 1,116,000 |
| Net interest income | 347,000 | 756,000 | 1,223,000 | 1,791,000 |
| Noninterest income | 42,000 | 80,000 | 126,000 | 212,000 |
| Noninterest expense | 281,000 | 560,000 | 850,000 | 1,186,000 |
| Provision for loan losses | 49,000 | 100,000 | 156,000 | 202,000 |
| Pretax income | 59,000 | 196,000 | 363,000 | 647,000 |
| Income tax | 0 | 0 | 0 | 13,000 |
| Net income | 59,000 | 196,000 | 363,000 | 634,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,323,000 | 7,461,000 | 7,627,000 | 7,898,000 |
| Total capital | 7,627,000 | 7,816,000 | 8,036,000 | 8,353,000 |
| Risk-weighted assets | 35,221,000 | 40,383,000 | 45,668,000 | 50,524,000 |