Call reports 2002
WILLIAMSTOWN BANK, INC. — 2002
What WILLIAMSTOWN BANK, INC. 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 | 84,662,000 | 84,372,000 | 85,606,000 | 86,209,000 |
| Total loans | 56,083,000 | 55,888,000 | 55,809,000 | 54,609,000 |
| Allowance for loan losses | 484,000 | 481,000 | 486,000 | 499,000 |
| Securities available for sale | 14,013,000 | 15,554,000 | 19,160,000 | 19,482,000 |
| Securities held to maturity | 1,539,000 | 1,437,000 | 1,436,000 | 1,435,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,156,000 | 75,456,000 | 76,252,000 | 76,837,000 |
| Interest-bearing deposits | 65,851,000 | 64,886,000 | 66,042,000 | 66,087,000 |
| Noninterest-bearing deposits | 10,305,000 | 10,570,000 | 10,210,000 | 10,750,000 |
| Equity capital | 8,137,000 | 8,431,000 | 8,756,000 | 8,819,000 |
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 | 1,474,000 | 2,939,000 | 4,425,000 | 5,830,000 |
| Interest expense | 601,000 | 1,164,000 | 1,712,000 | 2,241,000 |
| Net interest income | 873,000 | 1,775,000 | 2,713,000 | 3,589,000 |
| Noninterest income | 86,000 | 172,000 | 258,000 | 416,000 |
| Noninterest expense | 659,000 | 1,325,000 | 1,984,000 | 2,672,000 |
| Provision for loan losses | 50,000 | 100,000 | 201,000 | 301,000 |
| Pretax income | 250,000 | 522,000 | 786,000 | 1,032,000 |
| Income tax | 61,000 | 134,000 | 178,000 | 257,000 |
| Net income | 189,000 | 388,000 | 608,000 | 775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,093,000 | 8,226,000 | 8,388,000 | 8,478,000 |
| Total capital | 8,577,000 | 8,707,000 | 8,874,000 | 8,977,000 |
| Risk-weighted assets | 58,753,000 | 60,331,000 | 60,633,000 | 60,693,000 |