Call reports 2002
BOWEN STATE BANK — 2002
What BOWEN STATE 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 | 15,968,000 | 16,622,000 | 16,903,000 | 16,684,000 |
| Total loans | 10,504,000 | 11,332,000 | 11,647,000 | 11,979,000 |
| Allowance for loan losses | 84,000 | 84,000 | 96,000 | 100,000 |
| Securities available for sale | 4,406,000 | 4,251,000 | 4,145,000 | 3,597,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,523,000 | 13,981,000 | 14,340,000 | 14,448,000 |
| Interest-bearing deposits | 11,745,000 | 12,283,000 | 12,557,000 | 12,247,000 |
| Noninterest-bearing deposits | 1,778,000 | 1,698,000 | 1,783,000 | 2,201,000 |
| Equity capital | 1,912,000 | 2,023,000 | 2,119,000 | 2,055,000 |
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 | 270,000 | 540,000 | 816,000 | 1,085,000 |
| Interest expense | 85,000 | 167,000 | 245,000 | 318,000 |
| Net interest income | 185,000 | 373,000 | 571,000 | 767,000 |
| Noninterest income | 18,000 | 32,000 | 49,000 | 65,000 |
| Noninterest expense | 124,000 | 243,000 | 369,000 | 518,000 |
| Provision for loan losses | 0 | 0 | 12,000 | 20,000 |
| Pretax income | 79,000 | 162,000 | 239,000 | 294,000 |
| Income tax | 19,000 | 40,000 | 58,000 | 75,000 |
| Net income | 60,000 | 122,000 | 181,000 | 219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,866,000 | 1,929,000 | 1,988,000 | 1,926,000 |
| Total capital | 1,950,000 | 2,013,000 | 2,084,000 | 2,026,000 |
| Risk-weighted assets | 10,614,000 | 11,220,000 | 11,580,000 | 11,900,000 |