Call reports 2002
RELIANCE BANK — 2002
What RELIANCE 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 | 28,734,000 | 29,825,000 | 27,529,000 | 26,839,000 |
| Total loans | 19,205,000 | 18,770,000 | 16,752,000 | 16,742,000 |
| Allowance for loan losses | 433,000 | 433,000 | 608,000 | 1,045,000 |
| Securities available for sale | 6,440,000 | 6,680,000 | 8,846,000 | 8,852,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,799,000 | 27,013,000 | 25,006,000 | 24,041,000 |
| Interest-bearing deposits | 22,575,000 | 22,183,000 | 21,171,000 | 20,593,000 |
| Noninterest-bearing deposits | 4,224,000 | 4,830,000 | 3,835,000 | 3,448,000 |
| Equity capital | 1,751,000 | 2,721,000 | 2,413,000 | 1,637,000 |
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 | 407,000 | 785,000 | 1,146,000 | 1,507,000 |
| Interest expense | 159,000 | 319,000 | 476,000 | 625,000 |
| Net interest income | 248,000 | 466,000 | 670,000 | 882,000 |
| Noninterest income | 46,000 | 88,000 | 123,000 | 168,000 |
| Noninterest expense | 482,000 | 1,011,000 | 1,636,000 | 2,273,000 |
| Provision for loan losses | 0 | 0 | 0 | 425,000 |
| Pretax income | -188,000 | -457,000 | -824,000 | -1,629,000 |
| Income tax | 2,000 | 4,000 | 5,000 | -5,000 |
| Net income | -190,000 | -461,000 | -829,000 | -1,624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,920,000 | 2,649,000 | 2,281,000 | 1,486,000 |
| Total capital | 2,134,000 | 2,863,000 | 2,471,000 | 1,678,000 |
| Risk-weighted assets | 16,897,000 | 16,593,000 | 14,821,000 | 14,523,000 |