Call reports 2007
PAN PACIFIC BANK — 2007
What PAN PACIFIC 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 | 63,081,000 | 62,623,000 | 70,043,000 | 70,056,000 |
| Total loans | 27,319,000 | 48,523,000 | 54,189,000 | 58,014,000 |
| Allowance for loan losses | 379,000 | 496,000 | 608,000 | 608,000 |
| Securities available for sale | 11,910,000 | 9,965,000 | 7,859,000 | 6,646,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,662,000 | 50,472,000 | 58,247,000 | 58,054,000 |
| Interest-bearing deposits | 48,057,000 | 44,552,000 | 51,458,000 | 48,899,000 |
| Noninterest-bearing deposits | 2,605,000 | 5,920,000 | 6,789,000 | 9,155,000 |
| Equity capital | 11,969,000 | 11,662,000 | 11,618,000 | 11,634,000 |
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 | 1,020,000 | 2,145,000 | 3,345,000 | 4,567,000 |
| Interest expense | 566,000 | 1,115,000 | 1,651,000 | 2,144,000 |
| Net interest income | 454,000 | 1,030,000 | 1,694,000 | 2,423,000 |
| Noninterest income | 6,000 | 15,000 | 23,000 | 34,000 |
| Noninterest expense | 1,026,000 | 1,797,000 | 2,528,000 | 3,373,000 |
| Provision for loan losses | 47,000 | 158,000 | 270,000 | 270,000 |
| Pretax income | -613,000 | -910,000 | -1,081,000 | -1,186,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -614,000 | -911,000 | -1,082,000 | -1,187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,072,000 | 11,823,000 | 11,695,000 | 11,652,000 |
| Total capital | 12,451,000 | 12,319,000 | 12,303,000 | 12,260,000 |
| Risk-weighted assets | 34,015,000 | 51,210,000 | 57,600,000 | 60,777,000 |