Call reports 2007
SMARTBIZ BANK, N.A. — 2007
What SMARTBIZ BANK, N.A. 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 | 60,090,000 | 70,625,000 | 81,896,000 | 95,539,000 |
| Total loans | 48,561,000 | 58,652,000 | 67,270,000 | 79,908,000 |
| Allowance for loan losses | 730,000 | 880,000 | 1,013,000 | 1,200,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 1,000,000 | 3,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,718,000 | 52,089,000 | 63,130,000 | 76,199,000 |
| Interest-bearing deposits | 39,141,000 | 49,641,000 | 60,963,000 | 71,371,000 |
| Noninterest-bearing deposits | 2,577,000 | 2,448,000 | 2,167,000 | 4,828,000 |
| Equity capital | 17,635,000 | 17,649,000 | 17,752,000 | 18,001,000 |
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 | 1,007,000 | 2,265,000 | 3,771,000 | 5,306,000 |
| Interest expense | 456,000 | 1,062,000 | 1,838,000 | 2,534,000 |
| Net interest income | 551,000 | 1,203,000 | 1,933,000 | 2,772,000 |
| Noninterest income | 25,000 | 23,000 | 33,000 | 72,000 |
| Noninterest expense | 519,000 | 1,036,000 | 1,573,000 | 2,046,000 |
| Provision for loan losses | 205,000 | 355,000 | 488,000 | 675,000 |
| Pretax income | -148,000 | -165,000 | -95,000 | 123,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -148,000 | -165,000 | -95,000 | 123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,635,000 | 17,649,000 | 17,752,000 | 18,001,000 |
| Total capital | 18,254,000 | 18,382,000 | 18,598,000 | 19,019,000 |
| Risk-weighted assets | 49,432,000 | 58,649,000 | 67,485,000 | 81,257,000 |