Call reports 2002
HIGHLANDS INDEPENDENT BANK — 2002
What HIGHLANDS INDEPENDENT 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 | 132,670,000 | 139,526,000 | 149,027,000 | 150,401,000 |
| Total loans | 71,390,000 | 75,443,000 | 81,522,000 | 88,461,000 |
| Allowance for loan losses | 716,000 | 753,000 | 792,000 | 835,000 |
| Securities available for sale | 35,564,000 | 36,456,000 | 36,416,000 | 39,007,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,523,000 | 127,887,000 | 136,906,000 | 138,324,000 |
| Interest-bearing deposits | 95,173,000 | 100,631,000 | 107,609,000 | 106,172,000 |
| Noninterest-bearing deposits | 26,350,000 | 27,256,000 | 29,297,000 | 32,152,000 |
| Equity capital | 10,302,000 | 10,654,000 | 10,945,000 | 11,252,000 |
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 | 1,893,000 | 3,829,000 | 5,871,000 | 7,917,000 |
| Interest expense | 633,000 | 1,244,000 | 1,880,000 | 2,480,000 |
| Net interest income | 1,260,000 | 2,585,000 | 3,991,000 | 5,437,000 |
| Noninterest income | 290,000 | 621,000 | 948,000 | 1,319,000 |
| Noninterest expense | 1,012,000 | 2,195,000 | 3,395,000 | 4,661,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 527,000 | 959,000 | 1,469,000 | 1,976,000 |
| Income tax | 187,000 | 337,000 | 520,000 | 725,000 |
| Net income | 340,000 | 622,000 | 949,000 | 1,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,278,000 | 10,321,000 | 10,529,000 | 10,830,000 |
| Total capital | 10,994,000 | 11,074,000 | 11,321,000 | 11,665,000 |
| Risk-weighted assets | 84,437,000 | 89,404,000 | 102,031,000 | 107,752,000 |