Call reports 2002
PIERCE COMMERCIAL BANK — 2002
What PIERCE COMMERCIAL 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 | 73,428,000 | 84,093,000 | 90,282,000 | 104,424,000 |
| Total loans | 57,935,000 | 66,500,000 | 72,790,000 | 81,448,000 |
| Allowance for loan losses | 876,000 | 831,000 | 923,000 | 1,086,000 |
| Securities available for sale | 5,078,000 | 5,151,000 | 5,214,000 | 5,210,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,739,000 | 76,651,000 | 82,379,000 | 90,065,000 |
| Interest-bearing deposits | 58,334,000 | 67,666,000 | 71,951,000 | 79,302,000 |
| Noninterest-bearing deposits | 8,404,000 | 8,985,000 | 10,428,000 | 10,763,000 |
| Equity capital | 6,276,000 | 6,987,000 | 7,428,000 | 7,923,000 |
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 | 1,085,000 | 2,328,000 | 3,700,000 | 5,154,000 |
| Interest expense | 436,000 | 896,000 | 1,360,000 | 1,799,000 |
| Net interest income | 649,000 | 1,432,000 | 2,340,000 | 3,355,000 |
| Noninterest income | 14,000 | 65,000 | 119,000 | 234,000 |
| Noninterest expense | 507,000 | 1,072,000 | 1,606,000 | 2,223,000 |
| Provision for loan losses | 0 | 40,000 | 100,000 | 160,000 |
| Pretax income | 156,000 | 385,000 | 753,000 | 1,206,000 |
| Income tax | 0 | 0 | 0 | 156,000 |
| Net income | 156,000 | 385,000 | 753,000 | 1,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,267,000 | 6,895,000 | 7,263,000 | 7,810,000 |
| Total capital | 7,026,000 | 7,708,000 | 8,161,000 | 8,795,000 |
| Risk-weighted assets | 60,535,000 | 64,821,000 | 71,707,000 | 78,679,000 |