Call reports 2007
DRAKE BANK — 2007
What DRAKE 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 | 70,103,000 | 69,598,000 | 71,251,000 | 75,102,000 |
| Total loans | 61,822,000 | 62,636,000 | 64,551,000 | 68,499,000 |
| Allowance for loan losses | 678,000 | 707,000 | 737,000 | 698,000 |
| Securities available for sale | 3,425,000 | 3,424,000 | 3,436,000 | 3,955,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,602,000 | 56,291,000 | 57,989,000 | 62,323,000 |
| Interest-bearing deposits | 49,164,000 | 48,906,000 | 50,940,000 | 54,785,000 |
| Noninterest-bearing deposits | 7,438,000 | 7,385,000 | 7,049,000 | 7,538,000 |
| Equity capital | 5,665,000 | 5,746,000 | 5,878,000 | 6,091,000 |
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 | 1,293,000 | 2,566,000 | 3,929,000 | 5,289,000 |
| Interest expense | 670,000 | 1,335,000 | 2,038,000 | 2,721,000 |
| Net interest income | 623,000 | 1,231,000 | 1,891,000 | 2,568,000 |
| Noninterest income | 68,000 | 133,000 | 187,000 | 223,000 |
| Noninterest expense | 575,000 | 1,134,000 | 1,716,000 | 2,570,000 |
| Provision for loan losses | 45,000 | 75,000 | 105,000 | 175,000 |
| Pretax income | 71,000 | 155,000 | 257,000 | 46,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 71,000 | 155,000 | 257,000 | 46,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,706,000 | 5,790,000 | 5,892,000 | 6,082,000 |
| Total capital | 6,384,000 | 6,497,000 | 6,629,000 | 6,780,000 |
| Risk-weighted assets | 59,907,000 | 61,553,000 | 62,352,000 | 67,077,000 |
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