Call reports 2007
FRANKLIN STATE BANK — 2007
What FRANKLIN 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 | 22,639,000 | 22,227,000 | 22,505,000 | 22,470,000 |
| Total loans | 13,902,000 | 14,582,000 | 14,855,000 | 14,720,000 |
| Allowance for loan losses | 127,000 | 130,000 | 133,000 | 135,000 |
| Securities available for sale | 4,708,000 | 4,522,000 | 4,359,000 | 4,686,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,581,000 | 19,077,000 | 19,257,000 | 19,162,000 |
| Interest-bearing deposits | 16,767,000 | 16,467,000 | 16,592,000 | 15,703,000 |
| Noninterest-bearing deposits | 2,814,000 | 2,610,000 | 2,665,000 | 3,459,000 |
| Equity capital | 2,217,000 | 2,259,000 | 2,321,000 | 2,390,000 |
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 | 326,000 | 656,000 | 990,000 | 1,335,000 |
| Interest expense | 149,000 | 304,000 | 463,000 | 613,000 |
| Net interest income | 177,000 | 352,000 | 527,000 | 722,000 |
| Noninterest income | 14,000 | 32,000 | 47,000 | 63,000 |
| Noninterest expense | 122,000 | 245,000 | 367,000 | 504,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 66,000 | 133,000 | 198,000 | 269,000 |
| Income tax | 3,000 | 23,000 | 44,000 | 66,000 |
| Net income | 63,000 | 110,000 | 154,000 | 203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,238,000 | 2,285,000 | 2,329,000 | 2,378,000 |
| Total capital | 2,365,000 | 2,415,000 | 2,462,000 | 2,513,000 |
| Risk-weighted assets | 14,642,000 | 15,068,000 | 15,333,000 | 15,232,000 |