Call reports 2002
FOUNDATION BANK — 2002
What FOUNDATION 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 | 85,483,000 | 85,713,000 | 85,661,000 | 83,892,000 |
| Total loans | 42,751,000 | 41,665,000 | 40,835,000 | 39,460,000 |
| Allowance for loan losses | 2,651,000 | 2,590,000 | 2,268,000 | 2,619,000 |
| Securities available for sale | 13,500,000 | 15,232,000 | 13,141,000 | 12,707,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,292,000 | 77,022,000 | 77,527,000 | 75,802,000 |
| Interest-bearing deposits | 67,713,000 | 66,608,000 | 67,624,000 | 65,866,000 |
| Noninterest-bearing deposits | 9,579,000 | 10,414,000 | 9,903,000 | 9,936,000 |
| Equity capital | 7,720,000 | 8,331,000 | 7,888,000 | 7,841,000 |
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 | 1,540,000 | 3,037,000 | 4,559,000 | 5,957,000 |
| Interest expense | 506,000 | 946,000 | 1,360,000 | 1,752,000 |
| Net interest income | 1,034,000 | 2,091,000 | 3,199,000 | 4,205,000 |
| Noninterest income | 352,000 | 882,000 | 1,335,000 | 1,775,000 |
| Noninterest expense | 809,000 | 1,624,000 | 2,432,000 | 3,517,000 |
| Provision for loan losses | 100,000 | 175,000 | 250,000 | 625,000 |
| Pretax income | 477,000 | 1,174,000 | 1,852,000 | 1,838,000 |
| Income tax | 172,000 | 400,000 | 617,000 | 601,000 |
| Net income | 305,000 | 774,000 | 1,235,000 | 1,237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,548,000 | 8,017,000 | 7,478,000 | 7,481,000 |
| Total capital | 8,058,000 | 8,522,000 | 7,974,000 | 7,966,000 |
| Risk-weighted assets | 38,678,000 | 38,275,000 | 37,927,000 | 36,639,000 |