Call reports 2007
FIRST NATIONAL BANK OF STERLING CITY, THE — 2007
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 51,443,000 | 43,129,000 | 44,309,000 | 49,783,000 |
| Total loans | 15,627,000 | 16,564,000 | 18,086,000 | 16,634,000 |
| Allowance for loan losses | 125,000 | 127,000 | 126,000 | 122,000 |
| Securities available for sale | 24,683,000 | 18,153,000 | 15,733,000 | 16,160,000 |
| Securities held to maturity | 5,070,000 | 5,023,000 | 4,752,000 | 4,251,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,688,000 | 36,392,000 | 37,120,000 | 42,602,000 |
| Interest-bearing deposits | 34,813,000 | 26,712,000 | 26,692,000 | 28,596,000 |
| Noninterest-bearing deposits | 9,875,000 | 9,680,000 | 10,428,000 | 14,006,000 |
| Equity capital | 6,627,000 | 6,608,000 | 7,049,000 | 7,056,000 |
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 | 668,000 | 1,325,000 | 1,932,000 | 2,572,000 |
| Interest expense | 236,000 | 444,000 | 580,000 | 703,000 |
| Net interest income | 432,000 | 881,000 | 1,352,000 | 1,869,000 |
| Noninterest income | 182,000 | 246,000 | 312,000 | 274,000 |
| Noninterest expense | 442,000 | 833,000 | 1,215,000 | 1,486,000 |
| Provision for loan losses | 0 | 0 | 0 | 13,000 |
| Pretax income | 172,000 | 294,000 | 449,000 | 644,000 |
| Income tax | 0 | 0 | 0 | 16,000 |
| Net income | 172,000 | 294,000 | 449,000 | 628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,820,000 | 6,942,000 | 7,097,000 | 6,935,000 |
| Total capital | 6,945,000 | 7,069,000 | 7,223,000 | 7,057,000 |
| Risk-weighted assets | 25,359,000 | 24,044,000 | 25,815,000 | 25,727,000 |