Call reports 2007
BANK OF THE EASTERN SHORE — 2007
What BANK OF THE EASTERN SHORE 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 | 205,752,000 | 213,123,000 | 213,841,000 | 220,300,000 |
| Total loans | 160,639,000 | 165,599,000 | 171,038,000 | 174,862,000 |
| Allowance for loan losses | 1,281,000 | 1,263,000 | 1,281,000 | 1,350,000 |
| Securities available for sale | 26,177,000 | 25,509,000 | 24,747,000 | 25,817,000 |
| Securities held to maturity | 310,000 | 310,000 | 310,000 | 310,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,300,000 | 173,827,000 | 173,452,000 | 173,151,000 |
| Interest-bearing deposits | 158,498,000 | 158,807,000 | 158,287,000 | 160,185,000 |
| Noninterest-bearing deposits | 13,802,000 | 15,020,000 | 15,165,000 | 12,966,000 |
| Equity capital | 21,346,000 | 21,997,000 | 22,875,000 | 23,250,000 |
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 | 3,391,000 | 7,084,000 | 10,656,000 | 14,409,000 |
| Interest expense | 1,640,000 | 3,309,000 | 5,145,000 | 6,995,000 |
| Net interest income | 1,751,000 | 3,775,000 | 5,511,000 | 7,414,000 |
| Noninterest income | 183,000 | 362,000 | 537,000 | 704,000 |
| Noninterest expense | 1,124,000 | 2,274,000 | 3,355,000 | 4,699,000 |
| Provision for loan losses | 0 | 0 | 0 | 82,000 |
| Pretax income | 810,000 | 1,863,000 | 2,693,000 | 3,337,000 |
| Income tax | 262,000 | 517,000 | 797,000 | 1,169,000 |
| Net income | 548,000 | 1,346,000 | 1,896,000 | 2,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,567,000 | 22,366,000 | 22,916,000 | 23,258,000 |
| Total capital | 22,848,000 | 23,629,000 | 24,197,000 | 24,608,000 |
| Risk-weighted assets | 157,394,000 | 162,720,000 | 178,451,000 | 183,429,000 |