Call reports 2007
PIEDMONT BANK, THE — 2007
What PIEDMONT 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 | 25,691,000 | 33,102,000 | 48,209,000 | 82,709,000 |
| Total loans | 9,384,000 | 21,490,000 | 46,218,000 | 69,447,000 |
| Allowance for loan losses | 94,000 | 215,000 | 463,000 | 694,000 |
| Securities available for sale | 0 | 500,000 | 500,000 | 500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,641,000 | 10,216,000 | 25,583,000 | 60,252,000 |
| Interest-bearing deposits | 1,489,000 | 8,741,000 | 22,977,000 | 56,647,000 |
| Noninterest-bearing deposits | 1,152,000 | 1,475,000 | 2,606,000 | 3,605,000 |
| Equity capital | 23,038,000 | 22,842,000 | 22,535,000 | 22,269,000 |
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 | 384,000 | 898,000 | 1,669,000 | 2,992,000 |
| Interest expense | 15,000 | 62,000 | 215,000 | 724,000 |
| Net interest income | 369,000 | 836,000 | 1,454,000 | 2,268,000 |
| Noninterest income | 0 | 4,000 | 10,000 | 13,000 |
| Noninterest expense | 543,000 | 1,170,000 | 1,957,000 | 2,926,000 |
| Provision for loan losses | 43,000 | 164,000 | 412,000 | 644,000 |
| Pretax income | -217,000 | -494,000 | -905,000 | -1,289,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -217,000 | -494,000 | -905,000 | -1,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,038,000 | 22,842,000 | 22,535,000 | 22,269,000 |
| Total capital | 23,132,000 | 23,056,000 | 22,998,000 | 22,964,000 |
| Risk-weighted assets | 13,680,000 | 23,004,000 | 43,945,000 | 70,864,000 |