Call reports 2007
POLK COUNTY BANK — 2007
What POLK COUNTY 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 | 163,742,000 | 168,204,000 | 164,960,000 | 170,848,000 |
| Total loans | 143,561,000 | 146,684,000 | 144,154,000 | 150,364,000 |
| Allowance for loan losses | 1,648,000 | 1,788,000 | 2,008,000 | 2,382,000 |
| Securities available for sale | 5,848,000 | 6,237,000 | 6,232,000 | 6,351,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,335,000 | 138,116,000 | 135,026,000 | 140,272,000 |
| Interest-bearing deposits | 109,517,000 | 116,751,000 | 114,233,000 | 118,149,000 |
| Noninterest-bearing deposits | 20,818,000 | 21,365,000 | 20,792,000 | 22,123,000 |
| Equity capital | 14,906,000 | 14,804,000 | 15,664,000 | 14,946,000 |
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 | 2,861,000 | 5,821,000 | 8,871,000 | 11,959,000 |
| Interest expense | 1,298,000 | 2,610,000 | 3,948,000 | 5,235,000 |
| Net interest income | 1,563,000 | 3,211,000 | 4,923,000 | 6,724,000 |
| Noninterest income | 298,000 | 710,000 | 1,023,000 | 1,235,000 |
| Noninterest expense | 1,447,000 | 3,024,000 | 4,495,000 | 5,871,000 |
| Provision for loan losses | 209,000 | 555,000 | 1,005,000 | 2,218,000 |
| Pretax income | 205,000 | 342,000 | 446,000 | -130,000 |
| Income tax | 13,000 | 38,000 | 56,000 | 70,000 |
| Net income | 192,000 | 304,000 | 390,000 | -200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,968,000 | 14,883,000 | 15,693,000 | 14,933,000 |
| Total capital | 16,554,000 | 16,592,000 | 17,388,000 | 16,718,000 |
| Risk-weighted assets | 128,173,000 | 136,521,000 | 134,525,000 | 141,407,000 |