Call reports 2007
NEW FRONTIER BANK — 2007
What NEW FRONTIER 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 | 148,239,000 | 154,619,000 | 161,258,000 | 163,588,000 |
| Total loans | 110,840,000 | 110,657,000 | 115,770,000 | 116,268,000 |
| Allowance for loan losses | 767,000 | 835,000 | 865,000 | 1,355,000 |
| Securities available for sale | 22,702,000 | 27,159,000 | 32,713,000 | 30,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,092,000 | 128,439,000 | 135,689,000 | 138,515,000 |
| Interest-bearing deposits | 110,834,000 | 115,810,000 | 120,969,000 | 124,826,000 |
| Noninterest-bearing deposits | 11,258,000 | 12,629,000 | 14,720,000 | 13,689,000 |
| Equity capital | 15,493,000 | 15,418,000 | 15,701,000 | 15,277,000 |
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 | 2,462,000 | 5,000,000 | 7,676,000 | 10,310,000 |
| Interest expense | 1,413,000 | 2,878,000 | 4,452,000 | 6,110,000 |
| Net interest income | 1,049,000 | 2,122,000 | 3,224,000 | 4,200,000 |
| Noninterest income | 173,000 | 354,000 | 553,000 | 628,000 |
| Noninterest expense | 1,148,000 | 2,347,000 | 3,513,000 | 4,805,000 |
| Provision for loan losses | 76,000 | 136,000 | 226,000 | 886,000 |
| Pretax income | -2,000 | -7,000 | 38,000 | -863,000 |
| Income tax | -44,000 | -90,000 | -100,000 | -431,000 |
| Net income | 42,000 | 83,000 | 138,000 | -432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,435,000 | 15,370,000 | 15,533,000 | 14,707,000 |
| Total capital | 16,317,000 | 16,305,000 | 16,552,000 | 16,196,000 |
| Risk-weighted assets | 120,720,000 | 122,459,000 | 129,969,000 | 132,762,000 |