Call reports 2007
OLD FORT BANKING COMPANY, THE — 2007
What OLD FORT BANKING COMPANY, 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 | 353,827,000 | 362,688,000 | 359,006,000 | 378,811,000 |
| Total loans | 261,894,000 | 269,454,000 | 271,811,000 | 290,094,000 |
| Allowance for loan losses | 2,883,000 | 2,914,000 | 2,929,000 | 3,042,000 |
| Securities available for sale | 65,003,000 | 64,074,000 | 62,584,000 | 63,982,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,626,000 | 310,099,000 | 303,785,000 | 316,510,000 |
| Interest-bearing deposits | 281,127,000 | 286,248,000 | 282,063,000 | 286,463,000 |
| Noninterest-bearing deposits | 24,499,000 | 23,851,000 | 21,722,000 | 30,047,000 |
| Equity capital | 29,990,000 | 29,309,000 | 30,580,000 | 30,239,000 |
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 | 5,467,000 | 11,208,000 | 17,080,000 | 23,121,000 |
| Interest expense | 2,773,000 | 5,633,000 | 8,603,000 | 11,543,000 |
| Net interest income | 2,694,000 | 5,575,000 | 8,477,000 | 11,578,000 |
| Noninterest income | 825,000 | 1,331,000 | 1,883,000 | 7,144,000 |
| Noninterest expense | 2,332,000 | 4,647,000 | 7,097,000 | 9,984,000 |
| Provision for loan losses | 50,000 | 130,000 | 280,000 | 763,000 |
| Pretax income | 1,137,000 | 2,129,000 | 2,983,000 | 7,977,000 |
| Income tax | 145,000 | 360,000 | 528,000 | 507,000 |
| Net income | 992,000 | 1,769,000 | 2,455,000 | 7,470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,458,000 | 30,280,000 | 30,939,000 | 30,220,000 |
| Total capital | 33,341,000 | 33,194,000 | 33,868,000 | 33,262,000 |
| Risk-weighted assets | 296,869,000 | 306,220,000 | 304,855,000 | 317,753,000 |