Call reports 2002
MORRIS COUNTY NATIONAL BANK — 2002
What MORRIS COUNTY 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 | 62,985,000 | 65,641,000 | 66,282,000 | 68,726,000 |
| Total loans | 38,608,000 | 39,482,000 | 41,530,000 | 42,789,000 |
| Allowance for loan losses | 560,000 | 538,000 | 554,000 | 553,000 |
| Securities available for sale | 18,609,000 | 17,809,000 | 17,421,000 | 17,470,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,432,000 | 59,653,000 | 60,234,000 | 62,609,000 |
| Interest-bearing deposits | 52,003,000 | 54,587,000 | 55,141,000 | 57,228,000 |
| Noninterest-bearing deposits | 5,429,000 | 5,066,000 | 5,093,000 | 5,381,000 |
| Equity capital | 5,216,000 | 5,511,000 | 5,663,000 | 5,717,000 |
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 | 1,101,000 | 2,176,000 | 3,285,000 | 4,373,000 |
| Interest expense | 424,000 | 812,000 | 1,197,000 | 1,573,000 |
| Net interest income | 677,000 | 1,364,000 | 2,088,000 | 2,800,000 |
| Noninterest income | 103,000 | 216,000 | 348,000 | 476,000 |
| Noninterest expense | 595,000 | 1,178,000 | 1,771,000 | 2,393,000 |
| Provision for loan losses | 37,000 | 74,000 | 112,000 | 150,000 |
| Pretax income | 148,000 | 328,000 | 553,000 | 757,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 148,000 | 328,000 | 553,000 | 757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,135,000 | 5,160,000 | 5,241,000 | 5,370,000 |
| Total capital | 5,673,000 | 5,714,000 | 5,802,000 | 5,929,000 |
| Risk-weighted assets | 42,710,000 | 44,013,000 | 45,845,000 | 47,666,000 |