Call reports 2007
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2007
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 1,005,903,000 | 1,023,298,000 | 1,038,826,000 | 1,017,528,000 |
| Total loans | 832,442,000 | 836,598,000 | 841,774,000 | 821,549,000 |
| Allowance for loan losses | 8,355,000 | 7,661,000 | 8,791,000 | 8,508,000 |
| Securities available for sale | 100,969,000 | 78,630,000 | 80,196,000 | 83,318,000 |
| Securities held to maturity | 251,000 | 251,000 | 242,000 | 242,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 814,316,000 | 798,426,000 | 770,189,000 | 781,212,000 |
| Interest-bearing deposits | 772,109,000 | 761,233,000 | 728,978,000 | 736,854,000 |
| Noninterest-bearing deposits | 42,207,000 | 37,193,000 | 41,211,000 | 44,358,000 |
| Equity capital | 82,642,000 | 88,120,000 | 88,990,000 | 91,396,000 |
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 | 17,285,000 | 34,815,000 | 52,643,000 | 69,502,000 |
| Interest expense | 9,403,000 | 18,964,000 | 28,632,000 | 37,674,000 |
| Net interest income | 7,882,000 | 15,851,000 | 24,011,000 | 31,828,000 |
| Noninterest income | 428,000 | 836,000 | 1,440,000 | 1,896,000 |
| Noninterest expense | 4,979,000 | 10,239,000 | 15,702,000 | 21,275,000 |
| Provision for loan losses | 80,000 | 143,000 | 1,425,000 | 1,590,000 |
| Pretax income | 3,251,000 | 6,305,000 | 8,324,000 | 10,859,000 |
| Income tax | 1,026,000 | 1,977,000 | 2,535,000 | 3,273,000 |
| Net income | 2,225,000 | 4,328,000 | 5,789,000 | 7,586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,302,000 | 88,834,000 | 89,202,000 | 91,126,000 |
| Total capital | 90,657,000 | 96,495,000 | 97,993,000 | 99,634,000 |
| Risk-weighted assets | 877,013,000 | 898,798,000 | 903,622,000 | 906,671,000 |