Call reports 2007
UNITED REPUBLIC BANK — 2007
What UNITED REPUBLIC 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 | 12,592,000 | 24,307,000 | 25,142,000 | 29,470,000 |
| Total loans | 3,242,000 | 7,098,000 | 11,811,000 | 11,696,000 |
| Allowance for loan losses | 32,000 | 71,000 | 118,000 | 128,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 1,486,000 | 2,577,000 | 2,842,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,492,000 | 18,366,000 | 19,341,000 | 19,252,000 |
| Interest-bearing deposits | 6,377,000 | 18,144,000 | 18,559,000 | 18,933,000 |
| Noninterest-bearing deposits | 115,000 | 222,000 | 782,000 | 319,000 |
| Equity capital | 6,062,000 | 5,819,000 | 5,672,000 | 10,094,000 |
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 | 117,000 | 386,000 | 782,000 | 1,182,000 |
| Interest expense | 32,000 | 204,000 | 457,000 | 716,000 |
| Net interest income | 85,000 | 182,000 | 325,000 | 466,000 |
| Noninterest income | 0 | 2,000 | 3,000 | 8,000 |
| Noninterest expense | 248,000 | 540,000 | 784,000 | 1,089,000 |
| Provision for loan losses | 13,000 | 51,000 | 98,000 | 108,000 |
| Pretax income | -176,000 | -407,000 | -554,000 | -723,000 |
| Income tax | -59,000 | 53,000 | 53,000 | 53,000 |
| Net income | -117,000 | -460,000 | -607,000 | -776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,062,000 | 5,819,000 | 5,672,000 | 10,094,000 |
| Total capital | 6,094,000 | 5,890,000 | 5,790,000 | 10,222,000 |
| Risk-weighted assets | 5,570,000 | 11,037,000 | 15,019,000 | 17,726,000 |