Call reports 2007
NEW CENTURY BANK — 2007
What NEW CENTURY 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 | 17,696,000 | 19,225,000 | 19,535,000 | 20,154,000 |
| Total loans | 11,494,000 | 13,352,000 | 14,071,000 | 15,443,000 |
| Allowance for loan losses | 286,000 | 288,000 | 267,000 | 267,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,557,000 | 4,355,000 | 4,054,000 | 3,853,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,775,000 | 17,110,000 | 17,047,000 | 17,859,000 |
| Interest-bearing deposits | 13,594,000 | 14,398,000 | 14,568,000 | 15,563,000 |
| Noninterest-bearing deposits | 2,182,000 | 2,712,000 | 2,479,000 | 2,295,000 |
| Equity capital | 1,690,000 | 1,859,000 | 1,960,000 | 2,030,000 |
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 | 437,000 | 997,000 | 1,504,000 | 2,092,000 |
| Interest expense | 103,000 | 229,000 | 366,000 | 501,000 |
| Net interest income | 334,000 | 768,000 | 1,138,000 | 1,591,000 |
| Noninterest income | 46,000 | 70,000 | 105,000 | 142,000 |
| Noninterest expense | 248,000 | 538,000 | 831,000 | 1,246,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 132,000 | 300,000 | 412,000 | 487,000 |
| Income tax | 0 | 0 | 9,000 | 15,000 |
| Net income | 132,000 | 300,000 | 403,000 | 472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,690,000 | 1,859,000 | 1,960,000 | 2,030,000 |
| Total capital | 1,845,000 | 2,035,000 | 2,142,000 | 2,224,000 |
| Risk-weighted assets | 12,229,000 | 13,987,000 | 14,505,000 | 15,474,000 |