Call reports 2007
AMERICAN COMMUNITY BANK — 2007
What AMERICAN COMMUNITY 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 | 89,606,000 | 106,335,000 | 104,315,000 | 112,013,000 |
| Total loans | 76,894,000 | 84,081,000 | 89,094,000 | 98,698,000 |
| Allowance for loan losses | 1,165,000 | 1,170,000 | 1,163,000 | 1,161,000 |
| Securities available for sale | 9,285,000 | 9,084,000 | 13,126,000 | 11,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,391,000 | 95,137,000 | 92,449,000 | 97,816,000 |
| Interest-bearing deposits | 63,636,000 | 82,106,000 | 77,910,000 | 85,890,000 |
| Noninterest-bearing deposits | 12,756,000 | 13,031,000 | 14,539,000 | 11,926,000 |
| Equity capital | 10,905,000 | 11,005,000 | 11,643,000 | 11,811,000 |
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 | 1,720,000 | 3,555,000 | 5,582,000 | 7,619,000 |
| Interest expense | 682,000 | 1,536,000 | 2,473,000 | 3,421,000 |
| Net interest income | 1,038,000 | 2,019,000 | 3,109,000 | 4,198,000 |
| Noninterest income | 82,000 | 159,000 | 222,000 | 279,000 |
| Noninterest expense | 801,000 | 1,617,000 | 2,459,000 | 3,369,000 |
| Provision for loan losses | 67,000 | 73,000 | 73,000 | 73,000 |
| Pretax income | 252,000 | 488,000 | 799,000 | 1,035,000 |
| Income tax | 101,000 | 195,000 | 320,000 | 414,000 |
| Net income | 151,000 | 293,000 | 479,000 | 621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,937,000 | 11,079,000 | 11,628,000 | 11,772,000 |
| Total capital | 11,943,000 | 12,197,000 | 12,791,000 | 12,933,000 |
| Risk-weighted assets | 80,214,000 | 89,316,000 | 93,210,000 | 104,043,000 |