Call reports 2002
FIRST RELIANCE BANK — 2002
What FIRST RELIANCE 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 | 96,340,000 | 99,724,000 | 112,638,000 | 116,227,000 |
| Total loans | 69,569,000 | 75,517,000 | 79,289,000 | 81,559,000 |
| Allowance for loan losses | 1,099,000 | 1,126,000 | 1,175,000 | 1,137,000 |
| Securities available for sale | 14,243,000 | 16,217,000 | 20,248,000 | 23,449,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,314,000 | 86,407,000 | 97,094,000 | 100,370,000 |
| Interest-bearing deposits | 70,187,000 | 72,130,000 | 82,483,000 | 83,852,000 |
| Noninterest-bearing deposits | 13,127,000 | 14,277,000 | 14,610,000 | 16,517,000 |
| Equity capital | 7,784,000 | 8,126,000 | 8,592,000 | 8,767,000 |
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 | 1,625,000 | 3,321,000 | 5,112,000 | 6,932,000 |
| Interest expense | 574,000 | 1,135,000 | 1,733,000 | 2,336,000 |
| Net interest income | 1,051,000 | 2,186,000 | 3,379,000 | 4,596,000 |
| Noninterest income | 336,000 | 652,000 | 1,106,000 | 1,656,000 |
| Noninterest expense | 993,000 | 2,088,000 | 3,262,000 | 4,608,000 |
| Provision for loan losses | 90,000 | 218,000 | 329,000 | 349,000 |
| Pretax income | 304,000 | 532,000 | 906,000 | 1,375,000 |
| Income tax | 95,000 | 157,000 | 285,000 | 434,000 |
| Net income | 209,000 | 375,000 | 621,000 | 941,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,807,000 | 7,973,000 | 8,219,000 | 8,539,000 |
| Total capital | 8,739,000 | 8,958,000 | 9,251,000 | 9,586,000 |
| Risk-weighted assets | 74,386,000 | 78,630,000 | 82,828,000 | 83,574,000 |