Call reports 2007
FIRSTBANK — 2007
What FIRSTBANK 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 | 278,548,000 | 279,230,000 | 286,332,000 | 286,289,000 |
| Total loans | 98,059,000 | 105,303,000 | 113,096,000 | 116,406,000 |
| Allowance for loan losses | 942,000 | 1,006,000 | 1,114,000 | 1,191,000 |
| Securities available for sale | 86,299,000 | 82,794,000 | 81,252,000 | 79,717,000 |
| Securities held to maturity | 81,572,000 | 80,192,000 | 80,146,000 | 79,717,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,271,000 | 241,556,000 | 242,327,000 | 238,448,000 |
| Interest-bearing deposits | 196,699,000 | 199,370,000 | 199,093,000 | 197,345,000 |
| Noninterest-bearing deposits | 47,572,000 | 42,187,000 | 43,234,000 | 41,103,000 |
| Equity capital | 17,816,000 | 17,101,000 | 17,157,000 | 17,498,000 |
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 | 4,047,000 | 8,162,000 | 12,387,000 | 16,657,000 |
| Interest expense | 2,043,000 | 4,138,000 | 6,376,000 | 8,538,000 |
| Net interest income | 2,004,000 | 4,024,000 | 6,011,000 | 8,119,000 |
| Noninterest income | 1,335,000 | 1,804,000 | 2,303,000 | 2,813,000 |
| Noninterest expense | 1,399,000 | 2,726,000 | 4,050,000 | 5,424,000 |
| Provision for loan losses | 31,000 | 101,000 | 218,000 | 309,000 |
| Pretax income | 1,909,000 | 3,001,000 | 4,046,000 | 5,199,000 |
| Income tax | 634,000 | 976,000 | 1,304,000 | 1,694,000 |
| Net income | 1,275,000 | 2,025,000 | 2,742,000 | 3,505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,015,000 | 16,966,000 | 16,682,000 | 17,145,000 |
| Total capital | 17,996,000 | 18,014,000 | 17,840,000 | 18,383,000 |
| Risk-weighted assets | 128,394,000 | 135,366,000 | 140,177,000 | 142,616,000 |