Call reports 2007
CHARTER OAK BANK — 2007
What CHARTER OAK 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 | 71,698,000 | 85,278,000 | 93,578,000 | 106,678,000 |
| Total loans | 65,235,000 | 77,223,000 | 81,305,000 | 91,085,000 |
| Allowance for loan losses | 740,000 | 812,000 | 910,000 | 1,001,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,040,000 | 58,091,000 | 74,772,000 | 88,558,000 |
| Interest-bearing deposits | 45,805,000 | 44,610,000 | 57,124,000 | 68,936,000 |
| Noninterest-bearing deposits | 9,235,000 | 13,481,000 | 17,648,000 | 19,622,000 |
| Equity capital | 15,792,000 | 15,764,000 | 15,814,000 | 15,935,000 |
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 | 1,280,000 | 2,773,000 | 4,437,000 | 6,219,000 |
| Interest expense | 445,000 | 1,022,000 | 1,653,000 | 2,286,000 |
| Net interest income | 835,000 | 1,751,000 | 2,784,000 | 3,933,000 |
| Noninterest income | 63,000 | 126,000 | 198,000 | 283,000 |
| Noninterest expense | 853,000 | 1,802,000 | 2,779,000 | 3,821,000 |
| Provision for loan losses | 86,000 | 159,000 | 256,000 | 348,000 |
| Pretax income | -41,000 | -84,000 | -53,000 | 47,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -42,000 | -85,000 | -54,000 | 46,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,792,000 | 15,764,000 | 15,814,000 | 15,935,000 |
| Total capital | 16,576,000 | 16,653,000 | 16,768,000 | 16,980,000 |
| Risk-weighted assets | 78,903,000 | 90,908,000 | 94,482,000 | 108,357,000 |