Call reports 2002
CENTERSTATE BANK OF FLORIDA — 2002
What CENTERSTATE BANK OF FLORIDA 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 | 64,237,000 | 67,611,000 | 67,596,000 | 80,182,000 |
| Total loans | 34,329,000 | 39,030,000 | 45,404,000 | 54,769,000 |
| Allowance for loan losses | 445,000 | 490,000 | 590,000 | 675,000 |
| Securities available for sale | 8,141,000 | 8,795,000 | 9,434,000 | 8,715,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,905,000 | 56,523,000 | 57,370,000 | 62,899,000 |
| Interest-bearing deposits | 48,711,000 | 49,702,000 | 48,537,000 | 51,989,000 |
| Noninterest-bearing deposits | 5,194,000 | 6,821,000 | 8,833,000 | 10,910,000 |
| Equity capital | 8,924,000 | 8,885,000 | 8,770,000 | 8,625,000 |
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 | 721,000 | 1,543,000 | 2,472,000 | 3,419,000 |
| Interest expense | 389,000 | 775,000 | 1,144,000 | 1,480,000 |
| Net interest income | 332,000 | 768,000 | 1,328,000 | 1,939,000 |
| Noninterest income | 41,000 | 90,000 | 139,000 | 202,000 |
| Noninterest expense | 619,000 | 1,239,000 | 1,979,000 | 2,786,000 |
| Provision for loan losses | 0 | 50,000 | 150,000 | 266,000 |
| Pretax income | -246,000 | -431,000 | -662,000 | -911,000 |
| Income tax | -92,000 | -161,000 | -247,000 | -347,000 |
| Net income | -154,000 | -270,000 | -415,000 | -564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,967,000 | 8,851,000 | 8,706,000 | 7,787,000 |
| Total capital | 9,412,000 | 9,341,000 | 9,296,000 | 8,462,000 |
| Risk-weighted assets | 44,481,000 | 49,454,000 | 54,646,000 | 65,013,000 |