Call reports 2002
PROSPECT BANK — 2002
What PROSPECT 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 | 91,974,000 | 102,718,000 | 121,019,000 | 140,090,000 |
| Total loans | 76,517,000 | 85,997,000 | 99,901,000 | 126,190,000 |
| Allowance for loan losses | 908,000 | 1,014,000 | 1,153,000 | 1,412,000 |
| Securities available for sale | 509,000 | 5,474,000 | 5,514,000 | 5,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,378,000 | 87,812,000 | 104,646,000 | 123,025,000 |
| Interest-bearing deposits | 68,675,000 | 76,814,000 | 89,537,000 | 108,646,000 |
| Noninterest-bearing deposits | 8,703,000 | 10,998,000 | 15,109,000 | 14,379,000 |
| Equity capital | 13,047,000 | 13,284,000 | 13,561,000 | 10,637,000 |
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 | 1,445,000 | 3,023,000 | 4,841,000 | 6,899,000 |
| Interest expense | 511,000 | 1,120,000 | 1,826,000 | 2,557,000 |
| Net interest income | 934,000 | 1,903,000 | 3,015,000 | 4,342,000 |
| Noninterest income | 104,000 | 208,000 | 330,000 | 527,000 |
| Noninterest expense | 581,000 | 1,216,000 | 1,899,000 | 2,684,000 |
| Provision for loan losses | 72,000 | 178,000 | 321,000 | 580,000 |
| Pretax income | 385,000 | 717,000 | 1,125,000 | 1,605,000 |
| Income tax | 135,000 | 251,000 | 394,000 | 546,000 |
| Net income | 250,000 | 466,000 | 731,000 | 1,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,041,000 | 13,257,000 | 13,522,000 | 10,600,000 |
| Total capital | 13,949,000 | 14,271,000 | 14,675,000 | 12,012,000 |
| Risk-weighted assets | 76,350,000 | 84,928,000 | 98,190,000 | 115,880,000 |