Call reports 2007
GORDON BANK, THE — 2007
What GORDON BANK, THE 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 | 40,940,000 | 42,260,000 | 42,362,000 | 39,271,000 |
| Total loans | 29,672,000 | 31,270,000 | 31,452,000 | 27,855,000 |
| Allowance for loan losses | 800,000 | 769,000 | 780,000 | 814,000 |
| Securities available for sale | 0 | 0 | 0 | 1,015,000 |
| Securities held to maturity | 4,985,000 | 4,734,000 | 4,501,000 | 4,350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,823,000 | 34,012,000 | 33,957,000 | 30,869,000 |
| Interest-bearing deposits | 25,179,000 | 26,717,000 | 26,998,000 | 24,532,000 |
| Noninterest-bearing deposits | 7,644,000 | 7,295,000 | 6,959,000 | 6,337,000 |
| Equity capital | 6,017,000 | 6,119,000 | 6,227,000 | 6,303,000 |
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 | 775,000 | 1,521,000 | 2,288,000 | 3,005,000 |
| Interest expense | 229,000 | 470,000 | 727,000 | 971,000 |
| Net interest income | 546,000 | 1,051,000 | 1,561,000 | 2,034,000 |
| Noninterest income | 101,000 | 200,000 | 321,000 | 459,000 |
| Noninterest expense | 439,000 | 874,000 | 1,324,000 | 1,758,000 |
| Provision for loan losses | 8,000 | 15,000 | 23,000 | 80,000 |
| Pretax income | 200,000 | 362,000 | 535,000 | 655,000 |
| Income tax | 74,000 | 134,000 | 199,000 | 243,000 |
| Net income | 126,000 | 228,000 | 336,000 | 412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,667,000 | 5,769,000 | 5,877,000 | 5,953,000 |
| Total capital | 6,047,000 | 6,170,000 | 6,285,000 | 6,328,000 |
| Risk-weighted assets | 29,950,000 | 31,678,000 | 32,235,000 | 29,596,000 |