Call reports 2007
KITSAP BANK — 2007
What KITSAP 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 | 756,517,000 | 754,141,000 | 761,344,000 | 770,966,000 |
| Total loans | 622,519,000 | 626,526,000 | 637,970,000 | 653,134,000 |
| Allowance for loan losses | 5,999,000 | 6,197,000 | 6,395,000 | 6,469,000 |
| Securities available for sale | 47,361,000 | 44,760,000 | 43,961,000 | 47,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 630,201,000 | 623,773,000 | 623,387,000 | 600,718,000 |
| Interest-bearing deposits | 510,341,000 | 506,041,000 | 503,285,000 | 485,505,000 |
| Noninterest-bearing deposits | 119,860,000 | 117,732,000 | 120,102,000 | 115,213,000 |
| Equity capital | 74,064,000 | 74,396,000 | 76,516,000 | 78,298,000 |
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 | 12,232,000 | 24,833,000 | 37,778,000 | 50,453,000 |
| Interest expense | 4,339,000 | 8,962,000 | 13,785,000 | 18,571,000 |
| Net interest income | 7,893,000 | 15,871,000 | 23,993,000 | 31,882,000 |
| Noninterest income | 1,170,000 | 2,493,000 | 3,811,000 | 5,125,000 |
| Noninterest expense | 6,261,000 | 12,598,000 | 18,981,000 | 25,289,000 |
| Provision for loan losses | 210,000 | 420,000 | 630,000 | 840,000 |
| Pretax income | 2,592,000 | 5,346,000 | 8,193,000 | 10,878,000 |
| Income tax | 0 | -7,000 | -7,000 | -7,000 |
| Net income | 2,592,000 | 5,353,000 | 8,200,000 | 10,885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,359,000 | 61,956,000 | 63,754,000 | 65,317,000 |
| Total capital | 67,358,000 | 68,153,000 | 70,149,000 | 71,786,000 |
| Risk-weighted assets | 662,635,000 | 646,633,000 | 653,629,000 | 667,665,000 |