Call reports 2007
SOLERA NATIONAL BANK — 2007
What SOLERA NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Total assets | 19,602,000 | 24,790,000 |
| Total loans | 50,000 | 3,815,000 |
| Allowance for loan losses | 0 | 48,000 |
| Securities available for sale | 0 | 13,861,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,878,000 | 7,640,000 |
| Interest-bearing deposits | 175,000 | 4,852,000 |
| Noninterest-bearing deposits | 1,703,000 | 2,788,000 |
| Equity capital | 17,354,000 | 16,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Interest income | 55,000 | 311,000 |
| Interest expense | 0 | 31,000 |
| Net interest income | 55,000 | 280,000 |
| Noninterest income | 0 | 10,000 |
| Noninterest expense | 1,016,000 | 1,864,000 |
| Provision for loan losses | 0 | 47,000 |
| Pretax income | -961,000 | -1,621,000 |
| Income tax | 0 | 0 |
| Net income | -961,000 | -1,621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Tier 1 capital | 17,354,000 | 16,742,000 |
| Total capital | 17,354,000 | 16,790,000 |
| Risk-weighted assets | 4,591,000 | 9,274,000 |