Call reports 2007
1ST EQUITY BANK NORTHWEST — 2007
What 1ST EQUITY BANK NORTHWEST 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 | 50,170,000 | 52,102,000 | 55,074,000 | 48,148,000 |
| Total loans | 44,280,000 | 47,700,000 | 43,951,000 | 44,901,000 |
| Allowance for loan losses | 414,000 | 424,000 | 449,000 | 449,000 |
| Securities available for sale | 1,997,000 | 1,996,000 | 2,002,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,133,000 | 41,959,000 | 43,094,000 | 36,052,000 |
| Interest-bearing deposits | 39,792,000 | 41,345,000 | 42,705,000 | 35,714,000 |
| Noninterest-bearing deposits | 341,000 | 614,000 | 389,000 | 338,000 |
| Equity capital | 7,563,000 | 7,521,000 | 7,669,000 | 7,808,000 |
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 | 913,000 | 1,858,000 | 2,851,000 | 3,775,000 |
| Interest expense | 521,000 | 1,058,000 | 1,638,000 | 2,154,000 |
| Net interest income | 392,000 | 800,000 | 1,213,000 | 1,621,000 |
| Noninterest income | 1,000 | 4,000 | 5,000 | 9,000 |
| Noninterest expense | 238,000 | 486,000 | 731,000 | 1,000,000 |
| Provision for loan losses | 25,000 | 35,000 | 60,000 | 60,000 |
| Pretax income | 130,000 | 283,000 | 427,000 | 570,000 |
| Income tax | 0 | 4,000 | 6,000 | 8,000 |
| Net income | 130,000 | 279,000 | 421,000 | 562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,566,000 | 7,525,000 | 7,667,000 | 7,808,000 |
| Total capital | 7,980,000 | 7,949,000 | 8,116,000 | 8,257,000 |
| Risk-weighted assets | 38,399,000 | 39,106,000 | 38,685,000 | 38,188,000 |