Call reports 2001
BUSINESS BANK, THE — 2001
What BUSINESS BANK, THE 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 | 40,272,000 | 51,195,000 | 60,786,000 | 69,014,000 |
| Total loans | 32,396,000 | 44,953,000 | 54,069,000 | 61,231,000 |
| Allowance for loan losses | 441,000 | 518,000 | 609,000 | 700,000 |
| Securities available for sale | 3,645,000 | 4,244,000 | 4,001,000 | 4,084,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,632,000 | 45,418,000 | 54,170,000 | 61,947,000 |
| Interest-bearing deposits | 29,703,000 | 41,008,000 | 48,718,000 | 54,106,000 |
| Noninterest-bearing deposits | 4,929,000 | 4,411,000 | 5,452,000 | 7,842,000 |
| Equity capital | 4,720,000 | 4,839,000 | 5,019,000 | 5,161,000 |
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 | 710,000 | 1,544,000 | 2,515,000 | 3,504,000 |
| Interest expense | 402,000 | 872,000 | 1,407,000 | 1,929,000 |
| Net interest income | 308,000 | 672,000 | 1,108,000 | 1,575,000 |
| Noninterest income | 30,000 | 68,000 | 123,000 | 171,000 |
| Noninterest expense | 266,000 | 574,000 | 898,000 | 1,248,000 |
| Provision for loan losses | 61,000 | 138,000 | 229,000 | 320,000 |
| Pretax income | 14,000 | 31,000 | 109,000 | 183,000 |
| Income tax | -101,000 | -203,000 | -282,000 | -361,000 |
| Net income | 115,000 | 234,000 | 391,000 | 544,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,690,000 | 4,808,000 | 4,966,000 | 5,129,000 |
| Total capital | 5,131,000 | 5,326,000 | 5,575,000 | 5,829,000 |
| Risk-weighted assets | 36,262,000 | 47,722,000 | 56,824,000 | 64,608,000 |