Call reports 2007
CELTIC BANK CORPORATION — 2007
What CELTIC BANK CORPORATION 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 | 99,650,000 | 119,536,000 | 128,357,000 | 138,652,000 |
| Total loans | 95,379,000 | 112,140,000 | 119,273,000 | 124,727,000 |
| Allowance for loan losses | 1,184,000 | 1,282,000 | 1,384,000 | 1,598,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 45,000 | 45,000 | 45,000 | 45,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,293,000 | 97,867,000 | 102,682,000 | 123,137,000 |
| Interest-bearing deposits | 78,476,000 | 97,867,000 | 102,682,000 | 123,137,000 |
| Noninterest-bearing deposits | 1,817,000 | 0 | 0 | 0 |
| Equity capital | 10,604,000 | 11,704,000 | 13,074,000 | 13,489,000 |
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 | 2,594,000 | 5,645,000 | 9,255,000 | 13,130,000 |
| Interest expense | 961,000 | 2,085,000 | 3,416,000 | 4,874,000 |
| Net interest income | 1,633,000 | 3,560,000 | 5,839,000 | 8,256,000 |
| Noninterest income | 792,000 | 1,278,000 | 1,968,000 | 2,400,000 |
| Noninterest expense | 1,394,000 | 2,751,000 | 4,197,000 | 5,810,000 |
| Provision for loan losses | 25,000 | 125,000 | 250,000 | 480,000 |
| Pretax income | 1,006,000 | 1,962,000 | 3,360,000 | 4,366,000 |
| Income tax | 375,000 | 732,000 | 1,260,000 | 1,794,000 |
| Net income | 631,000 | 1,230,000 | 2,100,000 | 2,572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,604,000 | 11,704,000 | 13,074,000 | 13,489,000 |
| Total capital | 11,788,000 | 12,986,000 | 14,458,000 | 15,087,000 |
| Risk-weighted assets | 98,542,000 | 114,855,000 | 121,822,000 | 128,592,000 |