Call reports 2007
CIT BANK — 2007
What CIT 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 | 3,557,562,000 | 4,065,554,000 | 3,783,358,000 | 3,290,665,000 |
| Total loans | 3,505,809,000 | 3,989,881,000 | 1,396,859,000 | 1,130,267,000 |
| Allowance for loan losses | 35,209,000 | 45,435,000 | 44,259,000 | 68,124,000 |
| Securities available for sale | 5,328,000 | 10,248,000 | 1,810,483,000 | 1,316,466,000 |
| Securities held to maturity | 13,645,000 | 28,281,000 | 26,366,000 | 450,807,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,828,708,000 | 3,078,713,000 | 2,762,588,000 | 2,468,654,000 |
| Interest-bearing deposits | 2,828,553,000 | 3,078,497,000 | 2,762,354,000 | 2,468,508,000 |
| Noninterest-bearing deposits | 156,000 | 216,000 | 234,000 | 146,000 |
| Equity capital | 573,767,000 | 627,629,000 | 633,171,000 | 490,183,000 |
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 | 65,560,000 | 144,589,000 | 224,576,000 | 278,147,000 |
| Interest expense | 35,664,000 | 79,875,000 | 123,935,000 | 162,828,000 |
| Net interest income | 29,896,000 | 64,714,000 | 100,641,000 | 115,319,000 |
| Noninterest income | 4,321,000 | 6,390,000 | 8,841,000 | 11,694,000 |
| Noninterest expense | 9,414,000 | 20,744,000 | 30,197,000 | 34,244,000 |
| Provision for loan losses | 12,448,000 | 22,605,000 | 42,895,000 | 84,893,000 |
| Pretax income | 12,355,000 | 27,755,000 | 36,390,000 | 7,876,000 |
| Income tax | 4,485,000 | 10,101,000 | 13,270,000 | 2,853,000 |
| Net income | 7,870,000 | 17,654,000 | 23,120,000 | 5,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 573,692,000 | 627,629,000 | 633,142,000 | 490,045,000 |
| Total capital | 601,720,000 | 660,083,000 | 655,802,000 | 511,513,000 |
| Risk-weighted assets | 2,230,781,000 | 2,583,301,000 | 1,789,937,000 | 1,662,841,000 |
Machine access — free, no API key
Every figure shown here about CIT 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 since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) 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.