Call reports 2002
BUSINESS BANK, THE — 2002
What BUSINESS 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 | 80,204,000 | 92,174,000 | 96,636,000 | 107,584,000 |
| Total loans | 69,462,000 | 80,966,000 | 85,441,000 | 88,455,000 |
| Allowance for loan losses | 780,000 | 860,000 | 940,000 | 1,020,000 |
| Securities available for sale | 4,642,000 | 5,369,000 | 5,726,000 | 6,109,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,908,000 | 82,527,000 | 86,643,000 | 97,587,000 |
| Interest-bearing deposits | 64,191,000 | 72,370,000 | 76,915,000 | 85,942,000 |
| Noninterest-bearing deposits | 6,717,000 | 10,157,000 | 9,728,000 | 11,644,000 |
| Equity capital | 7,767,000 | 8,018,000 | 8,250,000 | 8,386,000 |
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 | 1,090,000 | 2,341,000 | 3,668,000 | 5,055,000 |
| Interest expense | 546,000 | 1,184,000 | 1,835,000 | 2,496,000 |
| Net interest income | 544,000 | 1,157,000 | 1,833,000 | 2,559,000 |
| Noninterest income | 63,000 | 139,000 | 211,000 | 289,000 |
| Noninterest expense | 368,000 | 748,000 | 1,122,000 | 1,527,000 |
| Provision for loan losses | 80,000 | 160,000 | 240,000 | 320,000 |
| Pretax income | 159,000 | 388,000 | 682,000 | 1,001,000 |
| Income tax | 53,000 | 137,000 | 244,000 | 363,000 |
| Net income | 106,000 | 251,000 | 438,000 | 638,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,737,000 | 7,881,000 | 8,068,000 | 8,267,000 |
| Total capital | 8,517,000 | 8,741,000 | 9,008,000 | 9,287,000 |
| Risk-weighted assets | 72,434,000 | 84,909,000 | 89,856,000 | 93,482,000 |