Call reports 2007
PACESETTER BANK — 2007
What PACESETTER 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 | 104,357,000 | 108,020,000 | 107,790,000 | 111,834,000 |
| Total loans | 74,136,000 | 75,933,000 | 76,961,000 | 76,411,000 |
| Allowance for loan losses | 825,000 | 860,000 | 801,000 | 840,000 |
| Securities available for sale | 7,482,000 | 8,385,000 | 7,911,000 | 6,357,000 |
| Securities held to maturity | 2,320,000 | 2,318,000 | 2,076,000 | 2,075,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,497,000 | 93,234,000 | 92,750,000 | 96,745,000 |
| Interest-bearing deposits | 77,396,000 | 80,625,000 | 81,019,000 | 84,138,000 |
| Noninterest-bearing deposits | 12,101,000 | 12,609,000 | 11,731,000 | 12,607,000 |
| Equity capital | 12,414,000 | 12,507,000 | 12,665,000 | 12,829,000 |
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 | 1,599,000 | 3,266,000 | 4,954,000 | 6,701,000 |
| Interest expense | 565,000 | 1,192,000 | 1,842,000 | 2,538,000 |
| Net interest income | 1,034,000 | 2,074,000 | 3,112,000 | 4,163,000 |
| Noninterest income | 276,000 | 570,000 | 868,000 | 1,181,000 |
| Noninterest expense | 974,000 | 1,975,000 | 2,970,000 | 3,942,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 291,000 | 579,000 | 875,000 | 1,222,000 |
| Income tax | 98,000 | 183,000 | 292,000 | 418,000 |
| Net income | 193,000 | 396,000 | 583,000 | 804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,453,000 | 12,573,000 | 12,678,000 | 12,816,000 |
| Total capital | 13,278,000 | 13,433,000 | 13,479,000 | 13,656,000 |
| Risk-weighted assets | 66,698,000 | 69,108,000 | 71,177,000 | 71,608,000 |