Call reports 2007
HOWARD BANK — 2007
What HOWARD 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 | 158,389,000 | 167,069,000 | 179,057,000 | 190,450,000 |
| Total loans | 130,017,000 | 146,785,000 | 161,672,000 | 171,942,000 |
| Allowance for loan losses | 1,460,000 | 1,644,000 | 2,539,000 | 2,663,000 |
| Securities available for sale | 9,207,000 | 10,084,000 | 7,471,000 | 9,389,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,266,000 | 139,994,000 | 145,091,000 | 153,369,000 |
| Interest-bearing deposits | 111,105,000 | 116,457,000 | 121,254,000 | 124,904,000 |
| Noninterest-bearing deposits | 21,161,000 | 23,537,000 | 23,837,000 | 28,465,000 |
| Equity capital | 20,718,000 | 20,727,000 | 22,075,000 | 22,334,000 |
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 | 2,576,000 | 5,340,000 | 8,169,000 | 11,225,000 |
| Interest expense | 1,233,000 | 2,536,000 | 3,918,000 | 5,403,000 |
| Net interest income | 1,343,000 | 2,804,000 | 4,251,000 | 5,822,000 |
| Noninterest income | 51,000 | 117,000 | 186,000 | 272,000 |
| Noninterest expense | 1,348,000 | 2,654,000 | 4,433,000 | 5,637,000 |
| Provision for loan losses | 114,000 | 298,000 | 1,193,000 | 1,317,000 |
| Pretax income | -68,000 | -31,000 | -1,189,000 | -860,000 |
| Income tax | 0 | 0 | -2,467,000 | -2,388,000 |
| Net income | -68,000 | -31,000 | 1,278,000 | 1,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,706,000 | 20,743,000 | 22,052,000 | 22,302,000 |
| Total capital | 22,166,000 | 22,387,000 | 24,116,000 | 24,487,000 |
| Risk-weighted assets | 134,797,000 | 149,047,000 | 164,640,000 | 174,338,000 |