Call reports 2007
WATERFORD VILLAGE BANK — 2007
What WATERFORD VILLAGE 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 | 11,059,000 | 21,636,000 | 31,597,000 | 40,714,000 |
| Total loans | 883,000 | 4,231,000 | 7,370,000 | 15,398,000 |
| Allowance for loan losses | 8,000 | 42,000 | 73,000 | 151,000 |
| Securities available for sale | 0 | 0 | 9,524,000 | 13,094,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,245,000 | 14,307,000 | 24,615,000 | 34,116,000 |
| Interest-bearing deposits | 3,039,000 | 13,957,000 | 23,632,000 | 33,052,000 |
| Noninterest-bearing deposits | 206,000 | 350,000 | 983,000 | 1,064,000 |
| Equity capital | 7,618,000 | 7,182,000 | 6,744,000 | 6,376,000 |
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 | 105,000 | 311,000 | 614,000 | 1,045,000 |
| Interest expense | 8,000 | 121,000 | 362,000 | 731,000 |
| Net interest income | 97,000 | 190,000 | 252,000 | 314,000 |
| Noninterest income | 0 | -8,000 | -7,000 | -1,000 |
| Noninterest expense | 576,000 | 1,286,000 | 2,000,000 | 3,069,000 |
| Provision for loan losses | 8,000 | 42,000 | 73,000 | 151,000 |
| Pretax income | -487,000 | -1,146,000 | -1,828,000 | -2,907,000 |
| Income tax | -166,000 | -390,000 | -621,000 | -1,162,000 |
| Net income | -321,000 | -756,000 | -1,207,000 | -1,745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,368,000 | 6,707,000 | 6,034,000 | 5,107,000 |
| Total capital | 7,376,000 | 6,749,000 | 6,107,000 | 5,258,000 |
| Risk-weighted assets | 2,600,000 | 7,037,000 | 10,100,000 | 22,258,000 |