Call reports 2007
CHOICE FINANCIAL GROUP — 2007
What CHOICE FINANCIAL GROUP 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 | 371,445,000 | 399,898,000 | 431,914,000 | 446,971,000 |
| Total loans | 303,039,000 | 336,106,000 | 361,308,000 | 369,924,000 |
| Allowance for loan losses | 3,389,000 | 3,537,000 | 3,924,000 | 3,973,000 |
| Securities available for sale | 37,895,000 | 39,966,000 | 42,370,000 | 44,837,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,401,000 | 351,002,000 | 375,803,000 | 387,425,000 |
| Interest-bearing deposits | 294,686,000 | 320,029,000 | 341,097,000 | 43,805,000 |
| Noninterest-bearing deposits | 27,715,000 | 30,973,000 | 34,706,000 | 343,620,000 |
| Equity capital | 31,661,000 | 33,459,000 | 35,871,000 | 38,095,000 |
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 | 6,733,000 | 13,961,000 | 21,891,000 | 30,101,000 |
| Interest expense | 3,281,000 | 6,884,000 | 10,903,000 | 14,962,000 |
| Net interest income | 3,452,000 | 7,077,000 | 10,988,000 | 15,139,000 |
| Noninterest income | 836,000 | 1,811,000 | 2,917,000 | 4,059,000 |
| Noninterest expense | 2,645,000 | 5,301,000 | 8,104,000 | 11,105,000 |
| Provision for loan losses | 89,000 | 252,000 | 663,000 | 824,000 |
| Pretax income | 1,544,000 | 3,325,000 | 5,118,000 | 7,249,000 |
| Income tax | 107,000 | 228,000 | 349,000 | 493,000 |
| Net income | 1,437,000 | 3,097,000 | 4,769,000 | 6,756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,805,000 | 33,170,000 | 35,154,000 | 37,001,000 |
| Total capital | 34,194,000 | 36,707,000 | 39,078,000 | 40,974,000 |
| Risk-weighted assets | 331,643,000 | 358,350,000 | 389,237,000 | 396,843,000 |