Call reports 2007
FULTON STATE BANK — 2007
What FULTON STATE 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 | 38,212,000 | 38,345,000 | 38,906,000 | 39,861,000 |
| Total loans | 25,845,000 | 26,057,000 | 25,463,000 | 26,290,000 |
| Allowance for loan losses | 461,000 | 433,000 | 434,000 | 381,000 |
| Securities available for sale | 2,490,000 | 2,473,000 | 2,874,000 | 2,628,000 |
| Securities held to maturity | 1,422,000 | 1,422,000 | 1,596,000 | 2,268,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,242,000 | 33,182,000 | 33,572,000 | 34,619,000 |
| Interest-bearing deposits | 27,596,000 | 28,131,000 | 28,127,000 | 28,613,000 |
| Noninterest-bearing deposits | 5,646,000 | 5,051,000 | 5,445,000 | 6,006,000 |
| Equity capital | 4,477,000 | 4,608,000 | 4,739,000 | 4,769,000 |
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 | 658,000 | 1,328,000 | 2,031,000 | 2,735,000 |
| Interest expense | 252,000 | 510,000 | 780,000 | 1,050,000 |
| Net interest income | 406,000 | 818,000 | 1,251,000 | 1,685,000 |
| Noninterest income | 50,000 | 104,000 | 166,000 | 220,000 |
| Noninterest expense | 296,000 | 570,000 | 894,000 | 1,184,000 |
| Provision for loan losses | 4,000 | 4,000 | 4,000 | 4,000 |
| Pretax income | 156,000 | 349,000 | 520,000 | 718,000 |
| Income tax | 49,000 | 112,000 | 167,000 | 235,000 |
| Net income | 107,000 | 237,000 | 353,000 | 483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,500,000 | 4,631,000 | 4,747,000 | 4,767,000 |
| Total capital | 4,879,000 | 5,012,000 | 5,127,000 | 5,148,000 |
| Risk-weighted assets | 30,268,000 | 30,451,000 | 30,325,000 | 31,283,000 |