Call reports 2007
GOGEBIC RANGE BANK — 2007
What GOGEBIC RANGE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 39,928,000 | 41,370,000 | 41,978,000 | 43,685,000 |
| Total loans | 34,911,000 | 36,144,000 | 36,522,000 | 36,690,000 |
| Allowance for loan losses | 483,000 | 503,000 | 518,000 | 534,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,699,000 | 1,899,000 | 2,399,000 | 2,899,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,308,000 | 35,986,000 | 35,903,000 | 37,616,000 |
| Interest-bearing deposits | 28,801,000 | 29,545,000 | 29,420,000 | 30,825,000 |
| Noninterest-bearing deposits | 5,507,000 | 6,441,000 | 6,483,000 | 6,791,000 |
| Equity capital | 4,856,000 | 5,017,000 | 5,130,000 | 5,104,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 744,000 | 1,516,000 | 2,308,000 | 3,115,000 |
| Interest expense | 269,000 | 554,000 | 849,000 | 1,146,000 |
| Net interest income | 475,000 | 962,000 | 1,459,000 | 1,969,000 |
| Noninterest income | 64,000 | 150,000 | 229,000 | 310,000 |
| Noninterest expense | 301,000 | 601,000 | 949,000 | 1,292,000 |
| Provision for loan losses | 21,000 | 42,000 | 56,000 | 70,000 |
| Pretax income | 217,000 | 469,000 | 683,000 | 917,000 |
| Income tax | 78,000 | 169,000 | 247,000 | 332,000 |
| Net income | 139,000 | 300,000 | 436,000 | 585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,856,000 | 5,017,000 | 5,130,000 | 5,104,000 |
| Total capital | 5,297,000 | 5,477,000 | 5,595,000 | 5,573,000 |
| Risk-weighted assets | 34,506,000 | 35,978,000 | 36,353,000 | 36,700,000 |
Machine access — free, no API key
Every figure shown here about GOGEBIC RANGE BANK — 2007 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.