Call reports 2002
1ST CHOICE BANK — 2002
What 1ST CHOICE 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 | 148,455,000 | 158,210,000 | 166,872,000 | 175,672,000 |
| Total loans | 110,186,000 | 113,918,000 | 121,456,000 | 123,338,000 |
| Allowance for loan losses | 995,000 | 1,084,000 | 1,056,000 | 1,105,000 |
| Securities available for sale | 14,543,000 | 14,621,000 | 14,107,000 | 13,759,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,957,000 | 146,048,000 | 153,969,000 | 162,266,000 |
| Interest-bearing deposits | 104,882,000 | 112,115,000 | 120,561,000 | 121,082,000 |
| Noninterest-bearing deposits | 32,075,000 | 33,933,000 | 33,408,000 | 41,184,000 |
| Equity capital | 10,887,000 | 11,546,000 | 12,125,000 | 12,585,000 |
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 | 2,304,000 | 4,717,000 | 7,270,000 | 9,861,000 |
| Interest expense | 882,000 | 1,685,000 | 2,561,000 | 3,421,000 |
| Net interest income | 1,422,000 | 3,032,000 | 4,709,000 | 6,440,000 |
| Noninterest income | 129,000 | 284,000 | 443,000 | 611,000 |
| Noninterest expense | 910,000 | 1,859,000 | 2,833,000 | 3,914,000 |
| Provision for loan losses | 115,000 | 235,000 | 295,000 | 345,000 |
| Pretax income | 527,000 | 1,228,000 | 2,035,000 | 2,803,000 |
| Income tax | 182,000 | 431,000 | 706,000 | 966,000 |
| Net income | 345,000 | 797,000 | 1,329,000 | 1,837,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,878,000 | 11,330,000 | 11,862,000 | 12,370,000 |
| Total capital | 11,873,000 | 12,414,000 | 12,918,000 | 13,475,000 |
| Risk-weighted assets | 113,159,000 | 114,378,000 | 126,299,000 | 126,172,000 |