Call reports 2001
PORTAGE BANK — 2001
What PORTAGE 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 | 10,467,000 | 9,923,000 | 10,325,000 | 9,722,000 |
| Total loans | 5,381,000 | 5,856,000 | 5,129,000 | 4,638,000 |
| Allowance for loan losses | 111,000 | 117,000 | 111,000 | 111,000 |
| Securities available for sale | 3,931,000 | 2,859,000 | 3,058,000 | 3,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,643,000 | 8,470,000 | 8,867,000 | 8,567,000 |
| Interest-bearing deposits | 7,620,000 | 7,647,000 | 7,943,000 | 7,585,000 |
| Noninterest-bearing deposits | 1,023,000 | 823,000 | 924,000 | 982,000 |
| Equity capital | 1,136,000 | 1,155,000 | 1,148,000 | 1,098,000 |
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 | 223,000 | 419,000 | 600,000 | 768,000 |
| Interest expense | 99,000 | 187,000 | 267,000 | 333,000 |
| Net interest income | 124,000 | 232,000 | 333,000 | 435,000 |
| Noninterest income | 11,000 | 17,000 | 25,000 | 30,000 |
| Noninterest expense | 79,000 | 156,000 | 227,000 | 352,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 43,000 | 82,000 | 120,000 | 102,000 |
| Income tax | 10,000 | 25,000 | 37,000 | 30,000 |
| Net income | 33,000 | 57,000 | 83,000 | 72,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,111,000 | 1,135,000 | 1,101,000 | 1,091,000 |
| Total capital | 1,191,000 | 1,217,000 | 1,177,000 | 1,161,000 |
| Risk-weighted assets | 6,434,000 | 6,576,000 | 6,116,000 | 5,598,000 |