Call reports 2007
CHOICE BANK — 2007
What CHOICE 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 | 185,915,000 | 205,928,000 | 224,682,000 | 264,641,000 |
| Total loans | 147,240,000 | 169,670,000 | 195,020,000 | 207,713,000 |
| Allowance for loan losses | 1,014,000 | 1,374,000 | 1,819,000 | 2,269,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,417,000 | 150,198,000 | 162,798,000 | 215,239,000 |
| Interest-bearing deposits | 127,047,000 | 139,090,000 | 152,364,000 | 203,638,000 |
| Noninterest-bearing deposits | 10,370,000 | 11,108,000 | 10,434,000 | 11,601,000 |
| Equity capital | 31,828,000 | 37,104,000 | 37,627,000 | 39,466,000 |
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 | 3,415,000 | 7,569,000 | 12,587,000 | 18,077,000 |
| Interest expense | 1,642,000 | 3,534,000 | 5,634,000 | 8,116,000 |
| Net interest income | 1,773,000 | 4,035,000 | 6,953,000 | 9,961,000 |
| Noninterest income | 372,000 | 999,000 | 1,409,000 | 1,696,000 |
| Noninterest expense | 1,534,000 | 3,599,000 | 5,667,000 | 7,566,000 |
| Provision for loan losses | 180,000 | 540,000 | 985,000 | 1,435,000 |
| Pretax income | 463,000 | 926,000 | 1,741,000 | 2,687,000 |
| Income tax | 176,000 | 365,000 | 699,000 | 930,000 |
| Net income | 287,000 | 561,000 | 1,042,000 | 1,757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,941,000 | 17,263,000 | 17,831,000 | 19,714,000 |
| Total capital | 12,971,000 | 18,653,000 | 19,666,000 | 22,000,000 |
| Risk-weighted assets | 133,974,000 | 156,991,000 | 182,687,000 | 200,826,000 |