Call reports 2002
BROADWAY NATIONAL BANK OF CHELSEA, THE — 2002
What BROADWAY NATIONAL BANK OF CHELSEA, 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 | 166,704,000 | 173,795,000 | 174,298,000 | 169,014,000 |
| Total loans | 79,671,000 | 77,941,000 | 83,842,000 | 72,848,000 |
| Allowance for loan losses | 988,000 | 1,014,000 | 1,039,000 | 995,000 |
| Securities available for sale | 52,629,000 | 64,411,000 | 53,440,000 | 56,362,000 |
| Securities held to maturity | 50,000 | 50,000 | 25,000 | 1,030,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,967,000 | 150,848,000 | 153,500,000 | 147,785,000 |
| Interest-bearing deposits | 111,492,000 | 110,907,000 | 114,859,000 | 113,352,000 |
| Noninterest-bearing deposits | 37,475,000 | 39,941,000 | 38,641,000 | 34,433,000 |
| Equity capital | 12,399,000 | 13,003,000 | 13,496,000 | 13,499,000 |
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 | 2,001,000 | 4,001,000 | 6,017,000 | 7,820,000 |
| Interest expense | 499,000 | 951,000 | 1,409,000 | 1,809,000 |
| Net interest income | 1,502,000 | 3,050,000 | 4,608,000 | 6,011,000 |
| Noninterest income | 346,000 | 749,000 | 1,145,000 | 1,580,000 |
| Noninterest expense | 1,722,000 | 2,970,000 | 4,200,000 | 5,399,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 0 |
| Pretax income | 101,000 | 779,000 | 1,483,000 | 2,197,000 |
| Income tax | 29,000 | 255,000 | 489,000 | 720,000 |
| Net income | 72,000 | 524,000 | 994,000 | 1,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,229,000 | 9,693,000 | 10,163,000 | 10,172,000 |
| Total capital | 10,217,000 | 10,711,000 | 11,207,000 | 11,174,000 |
| Risk-weighted assets | 83,223,000 | 84,160,000 | 83,462,000 | 80,802,000 |