Call reports 2007
AMERICAN SECURITY BANK & TRUST COMPANY — 2007
What AMERICAN SECURITY BANK & TRUST COMPANY 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 | 118,409,000 | 119,192,000 | 132,280,000 | 146,955,000 |
| Total loans | 93,791,000 | 94,269,000 | 101,526,000 | 106,057,000 |
| Allowance for loan losses | 1,228,000 | 1,200,000 | 1,293,000 | 1,629,000 |
| Securities available for sale | 14,691,000 | 14,569,000 | 16,026,000 | 28,076,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,155,000 | 94,019,000 | 106,961,000 | 113,784,000 |
| Interest-bearing deposits | 87,384,000 | 85,575,000 | 97,281,000 | 103,022,000 |
| Noninterest-bearing deposits | 6,771,000 | 8,444,000 | 9,680,000 | 10,762,000 |
| Equity capital | 23,722,000 | 23,852,000 | 24,244,000 | 23,821,000 |
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 | 2,072,000 | 4,233,000 | 6,441,000 | 8,800,000 |
| Interest expense | 1,047,000 | 2,157,000 | 3,321,000 | 4,626,000 |
| Net interest income | 1,025,000 | 2,076,000 | 3,120,000 | 4,174,000 |
| Noninterest income | 38,000 | 83,000 | 133,000 | 169,000 |
| Noninterest expense | 818,000 | 1,720,000 | 2,702,000 | 3,743,000 |
| Provision for loan losses | 40,000 | 82,000 | 221,000 | 552,000 |
| Pretax income | 200,000 | 352,000 | 325,000 | 55,000 |
| Income tax | -99,000 | -235,000 | -412,000 | 0 |
| Net income | 299,000 | 587,000 | 737,000 | 55,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,820,000 | 24,151,000 | 24,345,000 | 23,704,000 |
| Total capital | 25,048,000 | 25,351,000 | 25,638,000 | 25,283,000 |
| Risk-weighted assets | 107,780,000 | 112,146,000 | 122,318,000 | 125,524,000 |