Call reports 2002
COMMUNITY FIRSTBANK OF CHARLESTON — 2002
What COMMUNITY FIRSTBANK OF CHARLESTON 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 | 142,192,000 | 171,175,000 | 181,301,000 | 193,733,000 |
| Total loans | 128,684,000 | 153,655,000 | 163,957,000 | 175,222,000 |
| Allowance for loan losses | 1,507,000 | 1,615,000 | 1,786,000 | 2,016,000 |
| Securities available for sale | 6,043,000 | 1,022,000 | 1,022,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,810,000 | 132,743,000 | 146,560,000 | 152,746,000 |
| Interest-bearing deposits | 109,420,000 | 123,432,000 | 132,599,000 | 142,047,000 |
| Noninterest-bearing deposits | 9,390,000 | 9,311,000 | 13,961,000 | 10,699,000 |
| Equity capital | 12,322,000 | 12,673,000 | 14,050,000 | 15,444,000 |
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 | 2,279,000 | 4,775,000 | 7,444,000 | 10,120,000 |
| Interest expense | 1,015,000 | 2,040,000 | 3,139,000 | 4,136,000 |
| Net interest income | 1,264,000 | 2,735,000 | 4,305,000 | 5,984,000 |
| Noninterest income | 150,000 | 251,000 | 400,000 | 613,000 |
| Noninterest expense | 849,000 | 1,743,000 | 2,706,000 | 3,731,000 |
| Provision for loan losses | 45,000 | 145,000 | 295,000 | 525,000 |
| Pretax income | 520,000 | 1,098,000 | 1,704,000 | 2,341,000 |
| Income tax | 193,000 | 406,000 | 635,000 | 866,000 |
| Net income | 327,000 | 692,000 | 1,069,000 | 1,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,295,000 | 12,660,000 | 14,037,000 | 15,444,000 |
| Total capital | 13,802,000 | 14,275,000 | 15,823,000 | 17,460,000 |
| Risk-weighted assets | 123,025,000 | 150,328,000 | 157,775,000 | 171,146,000 |