Call reports 2001
1ST CHOICE BANK — 2001
What 1ST CHOICE 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 | 125,291,000 | 132,448,000 | 141,901,000 | 150,824,000 |
| Total loans | 89,620,000 | 94,425,000 | 104,991,000 | 104,385,000 |
| Allowance for loan losses | 818,000 | 975,000 | 977,000 | 936,000 |
| Securities available for sale | 8,729,000 | 10,723,000 | 12,790,000 | 14,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,694,000 | 121,761,000 | 130,838,000 | 139,559,000 |
| Interest-bearing deposits | 86,554,000 | 95,813,000 | 102,437,000 | 105,622,000 |
| Noninterest-bearing deposits | 28,140,000 | 25,948,000 | 28,401,000 | 33,937,000 |
| Equity capital | 9,825,000 | 10,051,000 | 10,458,000 | 10,665,000 |
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 | 2,384,000 | 4,818,000 | 7,333,000 | 9,742,000 |
| Interest expense | 1,151,000 | 2,335,000 | 3,513,000 | 4,557,000 |
| Net interest income | 1,233,000 | 2,483,000 | 3,820,000 | 5,185,000 |
| Noninterest income | 83,000 | 177,000 | 283,000 | 406,000 |
| Noninterest expense | 737,000 | 1,564,000 | 2,373,000 | 3,270,000 |
| Provision for loan losses | 210,000 | 390,000 | 570,000 | 710,000 |
| Pretax income | 429,000 | 827,000 | 1,290,000 | 1,743,000 |
| Income tax | 146,000 | 283,000 | 439,000 | 593,000 |
| Net income | 283,000 | 544,000 | 851,000 | 1,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,716,000 | 9,977,000 | 10,284,000 | 10,583,000 |
| Total capital | 10,534,000 | 10,952,000 | 11,261,000 | 11,519,000 |
| Risk-weighted assets | 95,887,000 | 101,467,000 | 109,302,000 | 109,548,000 |