Call reports 2001
PIERCE COMMERCIAL BANK — 2001
What PIERCE COMMERCIAL BANK 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 | 37,555,000 | 47,589,000 | 54,702,000 | 67,232,000 |
| Total loans | 28,614,000 | 37,396,000 | 45,898,000 | 50,631,000 |
| Allowance for loan losses | 688,000 | 869,000 | 955,000 | 831,000 |
| Securities available for sale | 2,027,000 | 2,029,000 | 2,074,000 | 2,063,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,827,000 | 42,965,000 | 47,213,000 | 60,650,000 |
| Interest-bearing deposits | 27,177,000 | 36,917,000 | 40,201,000 | 52,910,000 |
| Noninterest-bearing deposits | 5,650,000 | 6,048,000 | 7,012,000 | 7,740,000 |
| Equity capital | 4,348,000 | 4,246,000 | 6,041,000 | 6,154,000 |
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 | 684,000 | 1,550,000 | 2,474,000 | 3,539,000 |
| Interest expense | 328,000 | 722,000 | 1,153,000 | 1,624,000 |
| Net interest income | 356,000 | 828,000 | 1,321,000 | 1,915,000 |
| Noninterest income | 17,000 | 31,000 | 43,000 | 56,000 |
| Noninterest expense | 544,000 | 1,001,000 | 1,669,000 | 2,095,000 |
| Provision for loan losses | 401,000 | 531,000 | 621,000 | 681,000 |
| Pretax income | -572,000 | -673,000 | -926,000 | -805,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -572,000 | -673,000 | -926,000 | -805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,344,000 | 4,242,000 | 5,990,000 | 6,111,000 |
| Total capital | 4,713,000 | 4,723,000 | 6,566,000 | 6,813,000 |
| Risk-weighted assets | 29,225,000 | 38,239,000 | 45,715,000 | 55,900,000 |