Call reports 2007
FLATWATER BANK — 2007
What FLATWATER 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 | 93,581,000 | 93,373,000 | 96,824,000 | 100,665,000 |
| Total loans | 65,595,000 | 69,721,000 | 72,204,000 | 68,883,000 |
| Allowance for loan losses | 1,169,000 | 1,170,000 | 1,301,000 | 1,003,000 |
| Securities available for sale | 11,178,000 | 11,590,000 | 11,206,000 | 12,262,000 |
| Securities held to maturity | 2,126,000 | 1,947,000 | 1,655,000 | 1,290,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,662,000 | 80,433,000 | 83,496,000 | 86,934,000 |
| Interest-bearing deposits | 72,586,000 | 72,751,000 | 76,116,000 | 77,127,000 |
| Noninterest-bearing deposits | 8,076,000 | 7,682,000 | 7,380,000 | 9,807,000 |
| Equity capital | 10,095,000 | 10,232,000 | 10,450,000 | 10,507,000 |
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 | 1,514,000 | 3,081,000 | 4,729,000 | 6,351,000 |
| Interest expense | 692,000 | 1,384,000 | 2,122,000 | 2,879,000 |
| Net interest income | 822,000 | 1,697,000 | 2,607,000 | 3,472,000 |
| Noninterest income | 197,000 | 412,000 | 638,000 | 878,000 |
| Noninterest expense | 633,000 | 1,251,000 | 1,844,000 | 2,498,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 395,000 |
| Pretax income | 386,000 | 858,000 | 1,251,000 | 1,457,000 |
| Income tax | 111,000 | 253,000 | 369,000 | 420,000 |
| Net income | 275,000 | 605,000 | 882,000 | 1,037,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,759,000 | 9,939,000 | 10,066,000 | 10,070,000 |
| Total capital | 10,680,000 | 10,905,000 | 11,067,000 | 11,054,000 |
| Risk-weighted assets | 73,450,000 | 77,104,000 | 79,782,000 | 78,675,000 |