Call reports 2007
MITCHELL BANK — 2007
What MITCHELL 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 | 81,771,000 | 80,896,000 | 81,059,000 | 80,723,000 |
| Total loans | 67,123,000 | 68,136,000 | 68,936,000 | 70,434,000 |
| Allowance for loan losses | 752,000 | 667,000 | 692,000 | 738,000 |
| Securities available for sale | 2,775,000 | 2,497,000 | 2,306,000 | 2,108,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,364,000 | 67,462,000 | 67,503,000 | 65,391,000 |
| Interest-bearing deposits | 52,768,000 | 53,198,000 | 53,714,000 | 53,518,000 |
| Noninterest-bearing deposits | 14,596,000 | 14,264,000 | 13,789,000 | 11,873,000 |
| Equity capital | 8,815,000 | 8,921,000 | 9,086,000 | 9,179,000 |
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 | 1,381,000 | 2,772,000 | 4,200,000 | 5,552,000 |
| Interest expense | 488,000 | 975,000 | 1,479,000 | 2,002,000 |
| Net interest income | 893,000 | 1,797,000 | 2,721,000 | 3,550,000 |
| Noninterest income | 85,000 | 189,000 | 279,000 | 366,000 |
| Noninterest expense | 719,000 | 1,505,000 | 2,245,000 | 2,981,000 |
| Provision for loan losses | 21,000 | 42,000 | 87,000 | 132,000 |
| Pretax income | 238,000 | 439,000 | 668,000 | 803,000 |
| Income tax | 94,000 | 173,000 | 263,000 | 316,000 |
| Net income | 144,000 | 266,000 | 405,000 | 487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,833,000 | 8,955,000 | 9,093,000 | 9,176,000 |
| Total capital | 9,585,000 | 9,622,000 | 9,785,000 | 9,914,000 |
| Risk-weighted assets | 60,566,000 | 63,513,000 | 64,506,000 | 64,644,000 |