Call reports 2007
NEW CITY BANK — 2007
What NEW CITY 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 | 70,804,000 | 76,626,000 | 78,218,000 | 83,986,000 |
| Total loans | 49,384,000 | 53,615,000 | 54,340,000 | 60,960,000 |
| Allowance for loan losses | 755,000 | 775,000 | 805,000 | 830,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,329,000 | 12,830,000 | 14,931,000 | 16,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,633,000 | 64,974,000 | 66,177,000 | 71,752,000 |
| Interest-bearing deposits | 54,269,000 | 56,362,000 | 60,300,000 | 66,935,000 |
| Noninterest-bearing deposits | 5,363,000 | 8,613,000 | 5,877,000 | 4,818,000 |
| Equity capital | 10,424,000 | 10,877,000 | 11,334,000 | 11,694,000 |
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 | 1,476,000 | 3,021,000 | 4,597,000 | 6,253,000 |
| Interest expense | 619,000 | 1,280,000 | 1,988,000 | 2,763,000 |
| Net interest income | 857,000 | 1,741,000 | 2,609,000 | 3,490,000 |
| Noninterest income | 54,000 | 101,000 | 161,000 | 211,000 |
| Noninterest expense | 385,000 | 806,000 | 1,206,000 | 1,690,000 |
| Provision for loan losses | 30,000 | 50,000 | 83,000 | 134,000 |
| Pretax income | 496,000 | 986,000 | 1,481,000 | 1,877,000 |
| Income tax | 5,000 | 9,000 | 14,000 | 18,000 |
| Net income | 491,000 | 977,000 | 1,467,000 | 1,859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,424,000 | 10,877,000 | 11,334,000 | 11,694,000 |
| Total capital | 11,091,000 | 11,594,000 | 12,068,000 | 12,498,000 |
| Risk-weighted assets | 53,291,000 | 57,310,000 | 58,711,000 | 64,030,000 |