Call reports 2007
PINNACLE BANK OF SOUTH CAROLINA — 2007
What PINNACLE BANK OF SOUTH CAROLINA 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 | 51,659,000 | 55,584,000 | 64,915,000 | 68,993,000 |
| Total loans | 40,414,000 | 46,931,000 | 56,225,000 | 58,862,000 |
| Allowance for loan losses | 610,000 | 660,000 | 720,000 | 757,000 |
| Securities available for sale | 4,918,000 | 7,353,000 | 7,387,000 | 8,884,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,046,000 | 38,618,000 | 44,565,000 | 48,297,000 |
| Interest-bearing deposits | 31,686,000 | 33,472,000 | 39,783,000 | 43,558,000 |
| Noninterest-bearing deposits | 3,360,000 | 5,146,000 | 4,782,000 | 4,739,000 |
| Equity capital | 15,672,000 | 15,642,000 | 15,740,000 | 15,757,000 |
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 | 925,000 | 2,006,000 | 3,197,000 | 4,405,000 |
| Interest expense | 324,000 | 715,000 | 1,170,000 | 1,663,000 |
| Net interest income | 601,000 | 1,291,000 | 2,027,000 | 2,742,000 |
| Noninterest income | 25,000 | 47,000 | 75,000 | 127,000 |
| Noninterest expense | 642,000 | 1,283,000 | 1,970,000 | 2,658,000 |
| Provision for loan losses | 40,000 | 90,000 | 150,000 | 210,000 |
| Pretax income | -56,000 | -35,000 | -20,000 | 0 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -56,000 | -35,000 | -20,000 | 0 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,658,000 | 15,679,000 | 15,693,000 | 15,713,000 |
| Total capital | 16,125,000 | 16,227,000 | 16,335,000 | 16,394,000 |
| Risk-weighted assets | 40,006,000 | 44,758,000 | 51,915,000 | 55,762,000 |