Call reports 2007
HAPPY STATE BANK — 2007
What HAPPY STATE 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 | 524,598,000 | 564,350,000 | 621,585,000 | 616,731,000 |
| Total loans | 341,022,000 | 362,608,000 | 391,755,000 | 386,576,000 |
| Allowance for loan losses | 3,524,000 | 3,413,000 | 3,306,000 | 3,511,000 |
| Securities available for sale | 121,857,000 | 135,780,000 | 160,645,000 | 158,841,000 |
| Securities held to maturity | 2,450,000 | 2,450,000 | 2,450,000 | 2,450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 445,808,000 | 466,208,000 | 473,190,000 | 532,306,000 |
| Interest-bearing deposits | 352,706,000 | 364,614,000 | 369,897,000 | 415,472,000 |
| Noninterest-bearing deposits | 93,102,000 | 101,594,000 | 103,293,000 | 116,834,000 |
| Equity capital | 46,338,000 | 45,958,000 | 62,075,000 | 65,371,000 |
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 | 8,855,000 | 18,067,000 | 28,192,000 | 38,122,000 |
| Interest expense | 3,544,000 | 7,384,000 | 11,589,000 | 15,620,000 |
| Net interest income | 5,311,000 | 10,683,000 | 16,603,000 | 22,502,000 |
| Noninterest income | 2,207,000 | 4,583,000 | 6,952,000 | 9,463,000 |
| Noninterest expense | 5,777,000 | 11,799,000 | 17,440,000 | 23,464,000 |
| Provision for loan losses | 150,000 | 425,000 | 725,000 | 1,025,000 |
| Pretax income | 1,485,000 | 2,722,000 | 4,971,000 | 7,313,000 |
| Income tax | 378,000 | 653,000 | 1,269,000 | 1,888,000 |
| Net income | 1,107,000 | 2,069,000 | 3,702,000 | 5,425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,841,000 | 38,883,000 | 53,596,000 | 55,412,000 |
| Total capital | 40,365,000 | 42,296,000 | 56,902,000 | 58,923,000 |
| Risk-weighted assets | 387,714,000 | 415,215,000 | 443,839,000 | 449,548,000 |