Call reports 2007
FOUNDATIONS BANK — 2007
What FOUNDATIONS 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 | 103,030,000 | 109,950,000 | 125,448,000 | 135,647,000 |
| Total loans | 72,298,000 | 83,294,000 | 94,092,000 | 113,226,000 |
| Allowance for loan losses | 1,155,000 | 1,324,000 | 1,418,000 | 1,418,000 |
| Securities available for sale | 21,162,000 | 20,222,000 | 24,554,000 | 18,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,792,000 | 95,060,000 | 107,333,000 | 106,693,000 |
| Interest-bearing deposits | 75,921,000 | 85,272,000 | 96,111,000 | 95,941,000 |
| Noninterest-bearing deposits | 11,871,000 | 9,788,000 | 11,222,000 | 10,752,000 |
| Equity capital | 14,784,000 | 14,401,000 | 14,432,000 | 16,966,000 |
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 | 1,458,000 | 3,269,000 | 5,271,000 | 7,432,000 |
| Interest expense | 819,000 | 1,855,000 | 3,021,000 | 4,286,000 |
| Net interest income | 639,000 | 1,414,000 | 2,250,000 | 3,146,000 |
| Noninterest income | 28,000 | 66,000 | 122,000 | 195,000 |
| Noninterest expense | 907,000 | 1,794,000 | 2,669,000 | 3,570,000 |
| Provision for loan losses | 265,000 | 435,000 | 529,000 | 529,000 |
| Pretax income | -505,000 | -749,000 | -826,000 | -758,000 |
| Income tax | 0 | 0 | 0 | -1,422,000 |
| Net income | -505,000 | -749,000 | -826,000 | 664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,721,000 | 14,477,000 | 14,400,000 | 15,890,000 |
| Total capital | 15,876,000 | 15,786,000 | 15,818,000 | 17,308,000 |
| Risk-weighted assets | 94,602,000 | 104,671,000 | 121,083,000 | 133,249,000 |