Call reports 2002
FREEPORT STATE BANK — 2002
What FREEPORT STATE 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 | 10,798,000 | 11,261,000 | 11,194,000 | 11,869,000 |
| Total loans | 5,554,000 | 5,581,000 | 5,424,000 | 6,474,000 |
| Allowance for loan losses | 58,000 | 58,000 | 60,000 | 58,000 |
| Securities available for sale | 2,536,000 | 2,325,000 | 2,606,000 | 4,557,000 |
| Securities held to maturity | 1,581,000 | 1,581,000 | 1,680,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,889,000 | 10,307,000 | 10,207,000 | 10,863,000 |
| Interest-bearing deposits | 8,357,000 | 8,827,000 | 8,453,000 | 9,391,000 |
| Noninterest-bearing deposits | 1,532,000 | 1,480,000 | 1,754,000 | 1,472,000 |
| Equity capital | 862,000 | 899,000 | 922,000 | 925,000 |
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 | 165,000 | 322,000 | 477,000 | 633,000 |
| Interest expense | 54,000 | 104,000 | 152,000 | 198,000 |
| Net interest income | 111,000 | 218,000 | 325,000 | 435,000 |
| Noninterest income | 14,000 | 31,000 | 44,000 | 61,000 |
| Noninterest expense | 98,000 | 211,000 | 329,000 | 473,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 6,000 |
| Pretax income | 27,000 | 39,000 | 39,000 | 51,000 |
| Income tax | 4,000 | 7,000 | 10,000 | 3,000 |
| Net income | 23,000 | 32,000 | 29,000 | 48,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 875,000 | 884,000 | 876,000 | 866,000 |
| Total capital | 934,000 | 942,000 | 936,000 | 924,000 |
| Risk-weighted assets | 6,145,000 | 6,338,000 | 6,060,000 | 6,811,000 |