Call reports 2001
SHOREBANK, CLEVELAND — 2001
What SHOREBANK, CLEVELAND 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 | 53,778,000 | 54,229,000 | 55,143,000 | 55,501,000 |
| Total loans | 27,759,000 | 27,597,000 | 30,134,000 | 30,848,000 |
| Allowance for loan losses | 847,000 | 953,000 | 947,000 | 948,000 |
| Securities available for sale | 22,926,000 | 23,321,000 | 22,669,000 | 23,094,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,683,000 | 47,257,000 | 47,723,000 | 47,080,000 |
| Interest-bearing deposits | 45,048,000 | 46,847,000 | 47,429,000 | 46,673,000 |
| Noninterest-bearing deposits | 1,635,000 | 410,000 | 294,000 | 407,000 |
| Equity capital | 6,352,000 | 6,420,000 | 6,762,000 | 6,590,000 |
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 | 1,046,000 | 2,043,000 | 3,294,000 | 4,237,000 |
| Interest expense | 632,000 | 1,191,000 | 1,699,000 | 2,127,000 |
| Net interest income | 414,000 | 852,000 | 1,595,000 | 2,110,000 |
| Noninterest income | 0 | 12,000 | 12,000 | 79,000 |
| Noninterest expense | 491,000 | 958,000 | 1,396,000 | 1,896,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 13,000 | 12,000 | 317,000 | 410,000 |
| Income tax | 5,000 | 5,000 | 109,000 | 140,000 |
| Net income | 8,000 | 7,000 | 208,000 | 270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,295,000 | 6,294,000 | 6,495,000 | 6,557,000 |
| Total capital | 6,677,000 | 6,627,000 | 6,856,000 | 6,949,000 |
| Risk-weighted assets | 28,534,000 | 25,805,000 | 28,288,000 | 30,726,000 |