Call reports 2007
FIRST PACIFIC BANK — 2007
What FIRST 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 | 32,740,000 | 37,146,000 | 41,541,000 | 45,503,000 |
| Total loans | 5,774,000 | 10,622,000 | 13,366,000 | 18,492,000 |
| Allowance for loan losses | 83,000 | 133,000 | 167,000 | 231,000 |
| Securities available for sale | 8,454,000 | 8,989,000 | 11,856,000 | 17,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,828,000 | 22,678,000 | 27,093,000 | 30,961,000 |
| Interest-bearing deposits | 9,162,000 | 12,181,000 | 17,531,000 | 18,025,000 |
| Noninterest-bearing deposits | 8,666,000 | 10,497,000 | 9,562,000 | 12,935,000 |
| Equity capital | 14,834,000 | 14,399,000 | 14,386,000 | 14,447,000 |
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 | 378,000 | 837,000 | 1,369,000 | 1,975,000 |
| Interest expense | 55,000 | 143,000 | 271,000 | 422,000 |
| Net interest income | 323,000 | 694,000 | 1,098,000 | 1,553,000 |
| Noninterest income | 13,000 | 20,000 | 32,000 | 57,000 |
| Noninterest expense | 614,000 | 1,244,000 | 1,874,000 | 2,502,000 |
| Provision for loan losses | 26,000 | 76,000 | 110,000 | 175,000 |
| Pretax income | -304,000 | -606,000 | -854,000 | -1,067,000 |
| Income tax | 0 | 1,000 | 1,000 | 2,000 |
| Net income | -304,000 | -607,000 | -855,000 | -1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,849,000 | 14,600,000 | 14,408,000 | 14,247,000 |
| Total capital | 14,921,000 | 14,733,000 | 14,575,000 | 14,478,000 |
| Risk-weighted assets | 26,655,000 | 31,561,000 | 33,749,000 | 34,429,000 |