Call reports 2007
BANK OF NEW JERSEY — 2007
What BANK OF NEW JERSEY 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 | 137,029,000 | 152,138,000 | 181,745,000 | 260,245,000 |
| Total loans | 117,333,000 | 141,169,000 | 167,616,000 | 183,536,000 |
| Allowance for loan losses | 1,255,000 | 1,494,000 | 1,772,000 | 1,912,000 |
| Securities available for sale | 9,596,000 | 0 | 0 | 0 |
| Securities held to maturity | 1,992,000 | 1,990,000 | 1,996,000 | 1,996,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,528,000 | 100,708,000 | 130,079,000 | 212,941,000 |
| Interest-bearing deposits | 65,744,000 | 82,661,000 | 111,206,000 | 189,649,000 |
| Noninterest-bearing deposits | 16,784,000 | 18,047,000 | 18,873,000 | 23,292,000 |
| Equity capital | 43,286,000 | 43,533,000 | 45,002,000 | 45,840,000 |
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 | 1,965,000 | 4,356,000 | 7,242,000 | 10,570,000 |
| Interest expense | 641,000 | 1,544,000 | 2,786,000 | 4,435,000 |
| Net interest income | 1,324,000 | 2,812,000 | 4,456,000 | 6,135,000 |
| Noninterest income | 19,000 | 56,000 | 102,000 | 160,000 |
| Noninterest expense | 899,000 | 1,903,000 | 3,015,000 | 4,363,000 |
| Provision for loan losses | 389,000 | 628,000 | 906,000 | 1,046,000 |
| Pretax income | 55,000 | 341,000 | 641,000 | 890,000 |
| Income tax | 27,000 | 107,000 | -37,000 | 74,000 |
| Net income | 28,000 | 234,000 | 678,000 | 816,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,250,000 | 43,533,000 | 45,002,000 | 45,840,000 |
| Total capital | 44,505,000 | 45,027,000 | 46,774,000 | 47,752,000 |
| Risk-weighted assets | 113,827,000 | 132,725,000 | 157,430,000 | 182,891,000 |