Call reports 2001
PROSPECT BANK — 2001
What PROSPECT BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 62,485,000 | 67,587,000 | 81,970,000 | 82,385,000 |
| Total loans | 48,061,000 | 57,230,000 | 63,537,000 | 72,983,000 |
| Allowance for loan losses | 506,000 | 615,000 | 694,000 | 836,000 |
| Securities available for sale | 0 | 0 | 511,000 | 511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,966,000 | 59,889,000 | 74,013,000 | 74,226,000 |
| Interest-bearing deposits | 48,651,000 | 55,152,000 | 60,241,000 | 59,171,000 |
| Noninterest-bearing deposits | 6,315,000 | 4,737,000 | 13,772,000 | 15,055,000 |
| Equity capital | 7,239,000 | 7,353,000 | 7,524,000 | 7,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,207,000 | 2,505,000 | 3,922,000 | 5,368,000 |
| Interest expense | 691,000 | 1,390,000 | 2,133,000 | 2,753,000 |
| Net interest income | 516,000 | 1,115,000 | 1,789,000 | 2,615,000 |
| Noninterest income | 56,000 | 138,000 | 203,000 | 285,000 |
| Noninterest expense | 440,000 | 890,000 | 1,385,000 | 1,924,000 |
| Provision for loan losses | 106,000 | 223,000 | 302,000 | 444,000 |
| Pretax income | 26,000 | 140,000 | 305,000 | 532,000 |
| Income tax | 0 | 0 | 0 | 19,000 |
| Net income | 26,000 | 140,000 | 305,000 | 513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,239,000 | 7,353,000 | 7,518,000 | 7,726,000 |
| Total capital | 7,745,000 | 7,968,000 | 8,212,000 | 8,562,000 |
| Risk-weighted assets | 51,970,000 | 58,688,000 | 64,493,000 | 69,319,000 |