Call reports 2002
HALIFAX NATIONAL BANK — 2002
What HALIFAX NATIONAL 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 | 50,682,000 | 52,351,000 | 55,143,000 | 54,939,000 |
| Total loans | 30,969,000 | 31,927,000 | 31,801,000 | 31,749,000 |
| Allowance for loan losses | 370,000 | 370,000 | 370,000 | 370,000 |
| Securities available for sale | 15,284,000 | 14,647,000 | 16,970,000 | 18,774,000 |
| Securities held to maturity | 725,000 | 686,000 | 663,000 | 234,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,495,000 | 43,221,000 | 45,636,000 | 45,429,000 |
| Interest-bearing deposits | 37,771,000 | 39,332,000 | 41,452,000 | 41,160,000 |
| Noninterest-bearing deposits | 3,724,000 | 3,889,000 | 4,184,000 | 4,269,000 |
| Equity capital | 8,463,000 | 8,819,000 | 9,085,000 | 9,133,000 |
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 | 802,000 | 1,623,000 | 2,440,000 | 3,290,000 |
| Interest expense | 348,000 | 692,000 | 1,033,000 | 1,364,000 |
| Net interest income | 454,000 | 931,000 | 1,407,000 | 1,926,000 |
| Noninterest income | 20,000 | 42,000 | 57,000 | 74,000 |
| Noninterest expense | 244,000 | 495,000 | 763,000 | 1,054,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 230,000 | 478,000 | 701,000 | 946,000 |
| Income tax | 49,000 | 103,000 | 161,000 | 200,000 |
| Net income | 181,000 | 375,000 | 540,000 | 746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,433,000 | 8,596,000 | 8,751,000 | 8,839,000 |
| Total capital | 8,772,000 | 8,939,000 | 9,102,000 | 9,209,000 |
| Risk-weighted assets | 26,876,000 | 27,389,000 | 28,058,000 | 29,536,000 |