Call reports 2001
WEST POINT BANK — 2001
What WEST POINT BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 47,102,000 | 47,384,000 | 55,560,000 | 65,363,000 |
| Total loans | 28,557,000 | 30,839,000 | 31,066,000 | 32,291,000 |
| Allowance for loan losses | 85,000 | 86,000 | 80,000 | 78,000 |
| Securities available for sale | 14,688,000 | 11,487,000 | 16,692,000 | 26,609,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,179,000 | 32,876,000 | 39,441,000 | 48,152,000 |
| Interest-bearing deposits | 20,240,000 | 19,168,000 | 25,707,000 | 34,346,000 |
| Noninterest-bearing deposits | 11,939,000 | 13,708,000 | 13,734,000 | 13,806,000 |
| Equity capital | 3,828,000 | 3,910,000 | 4,047,000 | 5,527,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 899,000 | 1,760,000 | 2,629,000 | 3,518,000 |
| Interest expense | 452,000 | 857,000 | 1,283,000 | 1,732,000 |
| Net interest income | 447,000 | 903,000 | 1,346,000 | 1,786,000 |
| Noninterest income | 41,000 | 89,000 | 135,000 | 184,000 |
| Noninterest expense | 411,000 | 822,000 | 1,237,000 | 1,633,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 77,000 | 170,000 | 244,000 | 337,000 |
| Income tax | 25,000 | 57,000 | 74,000 | 121,000 |
| Net income | 52,000 | 113,000 | 170,000 | 216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,601,000 | 3,667,000 | 3,728,000 | 5,258,000 |
| Total capital | 3,686,000 | 3,753,000 | 3,808,000 | 5,336,000 |
| Risk-weighted assets | 23,320,000 | 24,986,000 | 26,586,000 | 28,741,000 |