Call reports 2007
SERVBANK, NATIONAL ASSOCIATION — 2007
What SERVBANK, NATIONAL ASSOCIATION 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 | 157,030,000 | 159,625,000 | 161,539,000 | 154,130,000 |
| Total loans | 136,227,000 | 136,430,000 | 132,132,000 | 132,306,000 |
| Allowance for loan losses | 889,000 | 871,000 | 884,000 | 1,397,000 |
| Securities available for sale | 7,971,000 | 7,564,000 | 7,401,000 | 7,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,277,000 | 109,824,000 | 120,013,000 | 113,822,000 |
| Interest-bearing deposits | 103,972,000 | 99,561,000 | 109,002,000 | 103,142,000 |
| Noninterest-bearing deposits | 8,306,000 | 10,263,000 | 11,011,000 | 10,680,000 |
| Equity capital | 12,830,000 | 12,808,000 | 12,783,000 | 12,130,000 |
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 | 2,466,000 | 4,858,000 | 7,262,000 | 9,631,000 |
| Interest expense | 1,443,000 | 2,889,000 | 4,376,000 | 5,799,000 |
| Net interest income | 1,023,000 | 1,969,000 | 2,886,000 | 3,832,000 |
| Noninterest income | 186,000 | 423,000 | 615,000 | 818,000 |
| Noninterest expense | 1,049,000 | 2,111,000 | 3,334,000 | 4,602,000 |
| Provision for loan losses | 45,000 | 90,000 | 141,000 | 1,172,000 |
| Pretax income | 115,000 | 191,000 | 26,000 | -1,124,000 |
| Income tax | 27,000 | 38,000 | -37,000 | -468,000 |
| Net income | 88,000 | 153,000 | 63,000 | -656,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,942,000 | 12,997,000 | 12,916,000 | 12,196,000 |
| Total capital | 13,831,000 | 13,868,000 | 13,800,000 | 13,593,000 |
| Risk-weighted assets | 122,823,000 | 123,724,000 | 123,810,000 | 125,658,000 |