Call reports 2007
FIRST CENTURY BANK, NATIONAL ASSOCIATION — 2007
What FIRST CENTURY BANK, NATIONAL ASSOCIATION 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 | 33,753,000 | 32,239,000 | 35,112,000 | 38,648,000 |
| Total loans | 18,956,000 | 18,578,000 | 19,160,000 | 19,305,000 |
| Allowance for loan losses | 361,000 | 294,000 | 302,000 | 276,000 |
| Securities available for sale | 8,371,000 | 8,930,000 | 8,644,000 | 8,404,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,930,000 | 23,422,000 | 27,285,000 | 31,031,000 |
| Interest-bearing deposits | 25,917,000 | 21,608,000 | 25,736,000 | 29,233,000 |
| Noninterest-bearing deposits | 3,013,000 | 1,814,000 | 1,549,000 | 1,798,000 |
| Equity capital | 2,656,000 | 3,628,000 | 3,348,000 | 3,480,000 |
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 | 572,000 | 1,122,000 | 1,663,000 | 2,217,000 |
| Interest expense | 364,000 | 699,000 | 1,047,000 | 1,455,000 |
| Net interest income | 208,000 | 423,000 | 616,000 | 762,000 |
| Noninterest income | 19,000 | 40,000 | 56,000 | 41,000 |
| Noninterest expense | 485,000 | 996,000 | 1,566,000 | 2,251,000 |
| Provision for loan losses | 0 | 0 | 12,000 | 115,000 |
| Pretax income | -258,000 | -533,000 | -906,000 | -1,563,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -258,000 | -533,000 | -906,000 | -1,563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,740,000 | 3,767,000 | 3,394,000 | 3,488,000 |
| Total capital | 3,028,000 | 4,044,000 | 3,684,000 | 3,771,000 |
| Risk-weighted assets | 22,939,000 | 22,131,000 | 23,181,000 | 22,738,000 |