Call reports 2002
PRIVEST BANK — 2002
What PRIVEST 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 | 62,460,000 | 76,706,000 | 76,810,000 | 75,996,000 |
| Total loans | 27,050,000 | 28,082,000 | 30,958,000 | 34,632,000 |
| Allowance for loan losses | 258,000 | 263,000 | 274,000 | 298,000 |
| Securities available for sale | 18,864,000 | 21,845,000 | 18,701,000 | 24,091,000 |
| Securities held to maturity | 4,513,000 | 4,126,000 | 3,630,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,928,000 | 69,050,000 | 69,178,000 | 69,143,000 |
| Interest-bearing deposits | 39,563,000 | 46,948,000 | 47,048,000 | 47,120,000 |
| Noninterest-bearing deposits | 15,364,000 | 22,102,000 | 22,130,000 | 22,023,000 |
| Equity capital | 4,822,000 | 4,828,000 | 4,932,000 | 5,123,000 |
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 | 745,000 | 1,578,000 | 2,419,000 | 3,237,000 |
| Interest expense | 211,000 | 434,000 | 645,000 | 804,000 |
| Net interest income | 534,000 | 1,144,000 | 1,774,000 | 2,433,000 |
| Noninterest income | 98,000 | 208,000 | 314,000 | 448,000 |
| Noninterest expense | 566,000 | 1,105,000 | 1,716,000 | 2,405,000 |
| Provision for loan losses | 28,000 | 40,000 | 51,000 | 75,000 |
| Pretax income | 72,000 | -125,000 | -12,000 | 95,000 |
| Income tax | 0 | -42,000 | -38,000 | -34,000 |
| Net income | 72,000 | -83,000 | 26,000 | 129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,933,000 | 4,752,000 | 4,868,000 | 4,968,000 |
| Total capital | 5,221,000 | 5,052,000 | 5,179,000 | 5,303,000 |
| Risk-weighted assets | 42,780,000 | 43,621,000 | 40,700,000 | 41,165,000 |