Call reports 2007
FIRST MOUNTAIN BANK — 2007
What FIRST MOUNTAIN 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 | 153,867,000 | 151,472,000 | 150,300,000 | 152,988,000 |
| Total loans | 118,965,000 | 120,355,000 | 119,257,000 | 116,570,000 |
| Allowance for loan losses | 1,379,000 | 1,449,000 | 1,449,000 | 1,347,000 |
| Securities available for sale | 16,631,000 | 15,888,000 | 14,860,000 | 13,736,000 |
| Securities held to maturity | 165,000 | 151,000 | 138,000 | 127,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,056,000 | 129,440,000 | 132,513,000 | 135,688,000 |
| Interest-bearing deposits | 93,493,000 | 91,464,000 | 94,386,000 | 92,446,000 |
| Noninterest-bearing deposits | 42,563,000 | 37,976,000 | 38,127,000 | 43,242,000 |
| Equity capital | 15,755,000 | 16,126,000 | 16,612,000 | 16,528,000 |
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 | 2,602,000 | 5,316,000 | 7,998,000 | 10,592,000 |
| Interest expense | 686,000 | 1,440,000 | 2,212,000 | 2,957,000 |
| Net interest income | 1,916,000 | 3,876,000 | 5,786,000 | 7,635,000 |
| Noninterest income | 258,000 | 594,000 | 850,000 | 1,083,000 |
| Noninterest expense | 1,554,000 | 3,048,000 | 4,575,000 | 6,122,000 |
| Provision for loan losses | 35,000 | 106,000 | 106,000 | 938,000 |
| Pretax income | 585,000 | 1,316,000 | 1,957,000 | 1,658,000 |
| Income tax | 209,000 | 478,000 | 712,000 | 560,000 |
| Net income | 376,000 | 838,000 | 1,245,000 | 1,098,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,666,000 | 16,090,000 | 16,509,000 | 16,375,000 |
| Total capital | 17,098,000 | 17,592,000 | 18,011,000 | 17,775,000 |
| Risk-weighted assets | 135,450,000 | 136,158,000 | 135,085,000 | 132,863,000 |