Call reports 2007
STATE EXCHANGE BANK, THE — 2007
What STATE EXCHANGE BANK, 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 | 37,585,000 | 41,715,000 | 41,710,000 | 43,061,000 |
| Total loans | 30,619,000 | 35,083,000 | 35,055,000 | 36,369,000 |
| Allowance for loan losses | 382,000 | 415,000 | 358,000 | 410,000 |
| Securities available for sale | 4,723,000 | 4,707,000 | 4,655,000 | 4,534,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,241,000 | 33,483,000 | 34,511,000 | 36,509,000 |
| Interest-bearing deposits | 27,501,000 | 29,792,000 | 30,122,000 | 30,636,000 |
| Noninterest-bearing deposits | 4,740,000 | 3,691,000 | 4,389,000 | 5,872,000 |
| Equity capital | 2,624,000 | 2,770,000 | 2,969,000 | 3,180,000 |
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 | 772,000 | 1,591,000 | 2,456,000 | 3,333,000 |
| Interest expense | 281,000 | 594,000 | 927,000 | 1,263,000 |
| Net interest income | 491,000 | 997,000 | 1,529,000 | 2,070,000 |
| Noninterest income | 28,000 | 54,000 | 82,000 | 173,000 |
| Noninterest expense | 217,000 | 436,000 | 673,000 | 985,000 |
| Provision for loan losses | 63,000 | 103,000 | 163,000 | 229,000 |
| Pretax income | 239,000 | 512,000 | 775,000 | 1,029,000 |
| Income tax | 81,000 | 176,000 | 276,000 | 355,000 |
| Net income | 158,000 | 336,000 | 499,000 | 674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,641,000 | 2,818,000 | 2,982,000 | 3,156,000 |
| Total capital | 3,023,000 | 3,233,000 | 3,340,000 | 3,566,000 |
| Risk-weighted assets | 30,865,000 | 35,600,000 | 35,150,000 | 36,934,000 |