Call reports 2002
BUSINESS BANK, THE — 2002
What BUSINESS BANK, THE 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 | 83,930,000 | 91,325,000 | 98,449,000 | 107,069,000 |
| Total loans | 59,037,000 | 70,693,000 | 71,932,000 | 76,622,000 |
| Allowance for loan losses | 1,090,000 | 1,117,000 | 1,184,000 | 1,249,000 |
| Securities available for sale | 3,637,000 | 3,313,000 | 3,033,000 | 14,789,000 |
| Securities held to maturity | 1,715,000 | 2,310,000 | 1,781,000 | 1,314,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,554,000 | 76,715,000 | 83,537,000 | 92,186,000 |
| Interest-bearing deposits | 53,979,000 | 54,503,000 | 58,311,000 | 68,132,000 |
| Noninterest-bearing deposits | 20,575,000 | 22,212,000 | 25,226,000 | 24,054,000 |
| Equity capital | 8,878,000 | 9,071,000 | 9,256,000 | 9,450,000 |
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 | 1,297,000 | 2,657,000 | 4,150,000 | 5,736,000 |
| Interest expense | 426,000 | 841,000 | 1,308,000 | 1,777,000 |
| Net interest income | 871,000 | 1,816,000 | 2,842,000 | 3,959,000 |
| Noninterest income | 73,000 | 155,000 | 244,000 | 352,000 |
| Noninterest expense | 706,000 | 1,414,000 | 2,199,000 | 3,054,000 |
| Provision for loan losses | 35,000 | 91,000 | 154,000 | 218,000 |
| Pretax income | 203,000 | 466,000 | 733,000 | 1,039,000 |
| Income tax | 69,000 | 159,000 | 249,000 | 354,000 |
| Net income | 134,000 | 307,000 | 484,000 | 685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,662,000 | 8,836,000 | 9,012,000 | 9,437,000 |
| Total capital | 9,431,000 | 9,711,000 | 9,920,000 | 10,412,000 |
| Risk-weighted assets | 61,198,000 | 69,768,000 | 72,348,000 | 77,733,000 |