Call reports 2007
CORRIDOR STATE BANK — 2007
What CORRIDOR STATE 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 | 29,227,000 | 33,519,000 | 39,237,000 | 40,948,000 |
| Total loans | 22,549,000 | 27,607,000 | 32,058,000 | 35,221,000 |
| Allowance for loan losses | 283,000 | 345,000 | 460,000 | 389,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,453,000 | 24,844,000 | 30,205,000 | 31,591,000 |
| Interest-bearing deposits | 19,316,000 | 22,519,000 | 28,809,000 | 29,441,000 |
| Noninterest-bearing deposits | 2,137,000 | 2,325,000 | 1,395,000 | 2,149,000 |
| Equity capital | 4,871,000 | 4,751,000 | 4,544,000 | 4,371,000 |
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 | 440,000 | 992,000 | 1,650,000 | 2,309,000 |
| Interest expense | 265,000 | 599,000 | 1,038,000 | 1,482,000 |
| Net interest income | 175,000 | 393,000 | 612,000 | 827,000 |
| Noninterest income | 5,000 | 11,000 | 21,000 | 27,000 |
| Noninterest expense | 277,000 | 559,000 | 880,000 | 1,234,000 |
| Provision for loan losses | 55,000 | 117,000 | 232,000 | 272,000 |
| Pretax income | -152,000 | -272,000 | -479,000 | -652,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -152,000 | -272,000 | -479,000 | -652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,871,000 | 4,751,000 | 4,544,000 | 4,371,000 |
| Total capital | 5,154,000 | 5,096,000 | 4,947,000 | 4,775,000 |
| Risk-weighted assets | 24,030,000 | 29,028,000 | 32,199,000 | 34,498,000 |