Call reports 2002
SHOREBANK — 2002
What SHOREBANK 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 | 1,178,177,000 | 1,199,358,000 | 1,180,407,000 | 1,212,521,000 |
| Total loans | 682,732,000 | 707,672,000 | 720,917,000 | 728,621,000 |
| Allowance for loan losses | 8,075,000 | 8,780,000 | 7,834,000 | 8,349,000 |
| Securities available for sale | 405,240,000 | 399,445,000 | 355,536,000 | 379,811,000 |
| Securities held to maturity | 12,457,000 | 18,485,000 | 25,823,000 | 25,898,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 866,765,000 | 888,651,000 | 879,901,000 | 854,037,000 |
| Interest-bearing deposits | 801,674,000 | 826,539,000 | 813,940,000 | 820,767,000 |
| Noninterest-bearing deposits | 65,091,000 | 62,112,000 | 65,961,000 | 33,270,000 |
| Equity capital | 75,971,000 | 83,224,000 | 90,662,000 | 91,870,000 |
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 | 20,230,000 | 40,396,000 | 60,992,000 | 80,154,000 |
| Interest expense | 8,977,000 | 18,049,000 | 26,645,000 | 34,927,000 |
| Net interest income | 11,253,000 | 22,347,000 | 34,347,000 | 45,227,000 |
| Noninterest income | 1,827,000 | 3,863,000 | 5,961,000 | 7,735,000 |
| Noninterest expense | 7,729,000 | 15,143,000 | 22,657,000 | 30,454,000 |
| Provision for loan losses | 825,000 | 1,650,000 | 2,475,000 | 3,450,000 |
| Pretax income | 4,803,000 | 9,683,000 | 16,151,000 | 20,314,000 |
| Income tax | 1,694,000 | 3,235,000 | 5,486,000 | 6,734,000 |
| Net income | 3,109,000 | 6,448,000 | 10,665,000 | 13,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,015,000 | 68,696,000 | 75,941,000 | 77,813,000 |
| Total capital | 75,585,000 | 76,615,000 | 83,775,000 | 86,162,000 |
| Risk-weighted assets | 605,106,000 | 632,619,000 | 768,197,000 | 764,582,000 |