Call reports 2007
TRUSTATLANTIC BANK — 2007
What TRUSTATLANTIC 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 | 34,162,000 | 67,949,000 | 96,575,000 | 129,684,000 |
| Total loans | 25,821,000 | 28,135,000 | 68,064,000 | 98,868,000 |
| Allowance for loan losses | 372,000 | 427,000 | 939,000 | 1,329,000 |
| Securities available for sale | 1,564,000 | 13,850,000 | 20,166,000 | 22,444,000 |
| Securities held to maturity | 0 | 600,000 | 600,000 | 600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,083,000 | 29,271,000 | 56,001,000 | 87,456,000 |
| Interest-bearing deposits | 25,123,000 | 26,891,000 | 51,719,000 | 83,451,000 |
| Noninterest-bearing deposits | 2,960,000 | 2,381,000 | 4,282,000 | 4,006,000 |
| Equity capital | 5,212,000 | 37,010,000 | 36,157,000 | 35,219,000 |
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 | 585,000 | 264,000 | 1,577,000 | 3,620,000 |
| Interest expense | 299,000 | 93,000 | 558,000 | 1,424,000 |
| Net interest income | 286,000 | 171,000 | 1,019,000 | 2,196,000 |
| Noninterest income | 62,000 | 16,000 | 61,000 | 66,000 |
| Noninterest expense | 300,000 | 380,000 | 1,684,000 | 3,423,000 |
| Provision for loan losses | 0 | 50,000 | 610,000 | 1,020,000 |
| Pretax income | 48,000 | -243,000 | -1,214,000 | -2,179,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 48,000 | -243,000 | -1,214,000 | -2,179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,214,000 | 33,482,000 | 32,216,000 | 31,235,000 |
| Total capital | 5,545,000 | 33,909,000 | 33,102,000 | 32,599,000 |
| Risk-weighted assets | 26,423,000 | 37,219,000 | 70,838,000 | 114,096,000 |