Call reports 2002
PARTNERS BANK — 2002
What PARTNERS 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 | 50,612,000 | 70,327,000 | 72,402,000 | 75,648,000 |
| Total loans | 26,336,000 | 29,939,000 | 33,223,000 | 38,108,000 |
| Allowance for loan losses | 270,000 | 315,000 | 368,000 | 538,000 |
| Securities available for sale | 18,602,000 | 21,183,000 | 21,806,000 | 32,682,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,279,000 | 55,913,000 | 55,966,000 | 50,081,000 |
| Interest-bearing deposits | 30,826,000 | 51,934,000 | 51,274,000 | 44,995,000 |
| Noninterest-bearing deposits | 3,453,000 | 3,979,000 | 4,692,000 | 5,086,000 |
| Equity capital | 4,219,000 | 5,993,000 | 6,655,000 | 7,148,000 |
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 | 656,000 | 1,386,000 | 2,220,000 | 3,108,000 |
| Interest expense | 228,000 | 456,000 | 770,000 | 1,131,000 |
| Net interest income | 428,000 | 930,000 | 1,450,000 | 1,977,000 |
| Noninterest income | 23,000 | 41,000 | 65,000 | 101,000 |
| Noninterest expense | 394,000 | 834,000 | 1,252,000 | 1,704,000 |
| Provision for loan losses | 35,000 | 80,000 | 133,000 | 303,000 |
| Pretax income | 23,000 | 58,000 | 233,000 | 177,000 |
| Income tax | -8,000 | -20,000 | -46,000 | -230,000 |
| Net income | 31,000 | 78,000 | 279,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,322,000 | 5,785,000 | 6,406,000 | 6,858,000 |
| Total capital | 4,592,000 | 6,100,000 | 6,774,000 | 7,396,000 |
| Risk-weighted assets | 29,331,000 | 35,627,000 | 38,124,000 | 43,411,000 |