Call reports 2007
DISCOVERY BANK — 2007
What DISCOVERY 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 | 171,301,000 | 175,552,000 | 178,434,000 | 185,377,000 |
| Total loans | 137,436,000 | 137,992,000 | 142,389,000 | 150,959,000 |
| Allowance for loan losses | 1,825,000 | 1,905,000 | 1,815,000 | 3,170,000 |
| Securities available for sale | 3,306,000 | 4,005,000 | 4,002,000 | 4,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,663,000 | 150,384,000 | 140,507,000 | 149,203,000 |
| Interest-bearing deposits | 118,487,000 | 116,415,000 | 108,589,000 | 110,553,000 |
| Noninterest-bearing deposits | 24,176,000 | 33,969,000 | 31,918,000 | 38,650,000 |
| Equity capital | 15,449,000 | 15,631,000 | 15,841,000 | 16,145,000 |
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 | 3,424,000 | 6,911,000 | 10,357,000 | 13,578,000 |
| Interest expense | 1,465,000 | 3,008,000 | 4,520,000 | 6,012,000 |
| Net interest income | 1,959,000 | 3,903,000 | 5,837,000 | 7,566,000 |
| Noninterest income | 381,000 | 471,000 | 596,000 | 788,000 |
| Noninterest expense | 1,898,000 | 3,651,000 | 5,387,000 | 7,341,000 |
| Provision for loan losses | 0 | 0 | 44,000 | 1,372,000 |
| Pretax income | 442,000 | 723,000 | 1,002,000 | -359,000 |
| Income tax | 195,000 | 325,000 | 454,000 | -154,000 |
| Net income | 247,000 | 398,000 | 548,000 | -205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,468,000 | 15,659,000 | 15,850,000 | 16,137,000 |
| Total capital | 17,340,000 | 17,622,000 | 17,730,000 | 18,389,000 |
| Risk-weighted assets | 158,523,000 | 159,041,000 | 172,873,000 | 179,214,000 |