Call reports 2007
STATE BANK OF FAIRMONT — 2007
What STATE BANK OF FAIRMONT 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 | 79,194,000 | 78,626,000 | 80,944,000 | 84,441,000 |
| Total loans | 57,034,000 | 56,465,000 | 58,040,000 | 58,007,000 |
| Allowance for loan losses | 1,081,000 | 1,108,000 | 1,137,000 | 1,139,000 |
| Securities available for sale | 19,233,000 | 17,993,000 | 18,968,000 | 21,411,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,575,000 | 66,724,000 | 68,661,000 | 69,935,000 |
| Interest-bearing deposits | 60,303,000 | 61,413,000 | 62,375,000 | 63,636,000 |
| Noninterest-bearing deposits | 5,272,000 | 5,310,000 | 6,286,000 | 6,299,000 |
| Equity capital | 7,326,000 | 7,089,000 | 7,401,000 | 7,594,000 |
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 | 1,329,000 | 2,711,000 | 4,137,000 | 5,558,000 |
| Interest expense | 640,000 | 1,324,000 | 2,039,000 | 2,749,000 |
| Net interest income | 689,000 | 1,387,000 | 2,098,000 | 2,809,000 |
| Noninterest income | 57,000 | 276,000 | 341,000 | 416,000 |
| Noninterest expense | 360,000 | 773,000 | 1,130,000 | 1,898,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 356,000 | 830,000 | 1,227,000 | 1,215,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 355,000 | 829,000 | 1,226,000 | 1,214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,962,000 | 8,079,000 | 8,046,000 | 7,987,000 |
| Total capital | 8,759,000 | 8,791,000 | 8,859,000 | 8,809,000 |
| Risk-weighted assets | 63,436,000 | 62,950,000 | 64,738,000 | 65,442,000 |