Call reports 2002
PATRIOTS BANK — 2002
What PATRIOTS 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 | 55,595,000 | 58,572,000 | 57,944,000 | 61,405,000 |
| Total loans | 37,830,000 | 40,228,000 | 42,013,000 | 41,111,000 |
| Allowance for loan losses | 486,000 | 509,000 | 529,000 | 551,000 |
| Securities available for sale | 14,131,000 | 14,444,000 | 12,237,000 | 14,187,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,525,000 | 49,947,000 | 51,482,000 | 55,323,000 |
| Interest-bearing deposits | 46,538,000 | 46,704,000 | 48,167,000 | 50,956,000 |
| Noninterest-bearing deposits | 2,987,000 | 3,243,000 | 3,315,000 | 4,367,000 |
| Equity capital | 5,092,000 | 5,281,000 | 5,392,000 | 5,429,000 |
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 | 911,000 | 1,802,000 | 2,712,000 | 3,594,000 |
| Interest expense | 382,000 | 736,000 | 1,069,000 | 1,384,000 |
| Net interest income | 529,000 | 1,066,000 | 1,643,000 | 2,210,000 |
| Noninterest income | 107,000 | 229,000 | 348,000 | 473,000 |
| Noninterest expense | 463,000 | 941,000 | 1,506,000 | 2,089,000 |
| Provision for loan losses | 27,000 | 50,000 | 73,000 | 95,000 |
| Pretax income | 180,000 | 338,000 | 480,000 | 567,000 |
| Income tax | 49,000 | 91,000 | 128,000 | 145,000 |
| Net income | 131,000 | 247,000 | 352,000 | 422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,952,000 | 5,073,000 | 5,181,000 | 4,864,000 |
| Total capital | 5,438,000 | 5,582,000 | 5,711,000 | 5,390,000 |
| Risk-weighted assets | 38,761,000 | 41,009,000 | 42,204,000 | 42,017,000 |