Call reports 2007
FOUNDATION BANK — 2007
What FOUNDATION 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 | 231,821,000 | 257,338,000 | 278,945,000 | 317,655,000 |
| Total loans | 178,376,000 | 205,526,000 | 235,341,000 | 270,708,000 |
| Allowance for loan losses | 2,673,000 | 2,938,000 | 3,295,000 | 3,790,000 |
| Securities available for sale | 25,140,000 | 29,078,000 | 30,117,000 | 29,716,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,653,000 | 208,893,000 | 229,292,000 | 261,550,000 |
| Interest-bearing deposits | 130,684,000 | 138,481,000 | 160,105,000 | 196,901,000 |
| Noninterest-bearing deposits | 63,969,000 | 70,412,000 | 69,187,000 | 64,649,000 |
| Equity capital | 25,724,000 | 26,520,000 | 27,969,000 | 29,398,000 |
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 | 4,660,000 | 9,720,000 | 15,325,000 | 21,236,000 |
| Interest expense | 1,445,000 | 3,001,000 | 4,808,000 | 6,856,000 |
| Net interest income | 3,215,000 | 6,719,000 | 10,517,000 | 14,380,000 |
| Noninterest income | 121,000 | 261,000 | 382,000 | 510,000 |
| Noninterest expense | 1,802,000 | 3,821,000 | 5,800,000 | 7,897,000 |
| Provision for loan losses | 150,000 | 415,000 | 772,000 | 1,272,000 |
| Pretax income | 1,384,000 | 2,744,000 | 4,327,000 | 5,721,000 |
| Income tax | 485,000 | 961,000 | 1,491,000 | 2,004,000 |
| Net income | 899,000 | 1,783,000 | 2,836,000 | 3,717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,941,000 | 26,900,000 | 27,953,000 | 29,026,000 |
| Total capital | 28,481,000 | 29,780,000 | 31,177,000 | 32,692,000 |
| Risk-weighted assets | 203,013,000 | 230,264,000 | 258,466,000 | 297,030,000 |