Call reports 2002
RAPPAHANNOCK NATIONAL BANK, THE — 2002
What RAPPAHANNOCK NATIONAL BANK, THE 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 | 31,129,000 | 32,858,000 | 33,508,000 | 40,965,000 |
| Total loans | 16,869,000 | 17,754,000 | 18,071,000 | 18,139,000 |
| Allowance for loan losses | 208,000 | 215,000 | 223,000 | 220,000 |
| Securities available for sale | 11,370,000 | 11,547,000 | 11,534,000 | 12,769,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,317,000 | 28,722,000 | 29,061,000 | 36,612,000 |
| Interest-bearing deposits | 21,492,000 | 21,993,000 | 21,322,000 | 28,583,000 |
| Noninterest-bearing deposits | 5,825,000 | 6,729,000 | 7,739,000 | 8,029,000 |
| Equity capital | 3,678,000 | 3,997,000 | 4,255,000 | 4,183,000 |
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 | 461,000 | 943,000 | 1,425,000 | 1,931,000 |
| Interest expense | 136,000 | 267,000 | 401,000 | 534,000 |
| Net interest income | 325,000 | 676,000 | 1,024,000 | 1,397,000 |
| Noninterest income | 55,000 | 120,000 | 188,000 | 253,000 |
| Noninterest expense | 187,000 | 383,000 | 593,000 | 801,000 |
| Provision for loan losses | 7,000 | 15,000 | 22,000 | 30,000 |
| Pretax income | 186,000 | 398,000 | 597,000 | 819,000 |
| Income tax | 35,000 | 79,000 | 120,000 | 171,000 |
| Net income | 151,000 | 319,000 | 477,000 | 648,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,567,000 | 3,736,000 | 3,894,000 | 3,902,000 |
| Total capital | 3,775,000 | 3,951,000 | 4,117,000 | 4,122,000 |
| Risk-weighted assets | 18,788,000 | 20,278,000 | 20,311,000 | 21,688,000 |