Call reports 2002
ARMOR BANK — 2002
What ARMOR 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 | 79,724,000 | 79,826,000 | 79,061,000 | 84,250,000 |
| Total loans | 43,332,000 | 43,560,000 | 42,570,000 | 43,019,000 |
| Allowance for loan losses | 338,000 | 498,000 | 434,000 | 846,000 |
| Securities available for sale | 21,805,000 | 22,755,000 | 23,693,000 | 29,883,000 |
| Securities held to maturity | 8,882,000 | 8,256,000 | 7,099,000 | 5,640,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,290,000 | 50,897,000 | 52,057,000 | 55,330,000 |
| Interest-bearing deposits | 47,296,000 | 47,895,000 | 48,816,000 | 52,159,000 |
| Noninterest-bearing deposits | 2,994,000 | 3,002,000 | 3,241,000 | 3,171,000 |
| Equity capital | 6,586,000 | 6,683,000 | 6,810,000 | 6,520,000 |
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 | 1,286,000 | 2,543,000 | 3,769,000 | 4,762,000 |
| Interest expense | 636,000 | 1,240,000 | 1,836,000 | 2,408,000 |
| Net interest income | 650,000 | 1,303,000 | 1,933,000 | 2,354,000 |
| Noninterest income | 55,000 | 129,000 | 205,000 | 283,000 |
| Noninterest expense | 408,000 | 823,000 | 1,246,000 | 1,670,000 |
| Provision for loan losses | 28,000 | 189,000 | 269,000 | 785,000 |
| Pretax income | 269,000 | 423,000 | 639,000 | 207,000 |
| Income tax | 99,000 | 153,000 | 231,000 | 85,000 |
| Net income | 170,000 | 270,000 | 408,000 | 122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,611,000 | 6,661,000 | 6,799,000 | 6,512,000 |
| Total capital | 6,957,000 | 7,172,000 | 7,248,000 | 7,181,000 |
| Risk-weighted assets | 48,716,000 | 50,365,000 | 48,538,000 | 52,202,000 |