Call reports 2007
ATLANTIC COMMUNITY BANK — 2007
What ATLANTIC COMMUNITY 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 | 55,725,000 | 64,214,000 | 70,651,000 | 82,577,000 |
| Total loans | 46,418,000 | 53,962,000 | 59,533,000 | 65,764,000 |
| Allowance for loan losses | 465,000 | 541,000 | 596,000 | 677,000 |
| Securities available for sale | 4,959,000 | 6,304,000 | 8,786,000 | 13,599,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,569,000 | 54,252,000 | 58,481,000 | 63,863,000 |
| Interest-bearing deposits | 40,539,000 | 48,598,000 | 53,296,000 | 57,517,000 |
| Noninterest-bearing deposits | 5,030,000 | 5,654,000 | 5,185,000 | 6,346,000 |
| Equity capital | 9,849,000 | 9,671,000 | 9,610,000 | 9,533,000 |
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 | 968,000 | 2,073,000 | 3,318,000 | 4,708,000 |
| Interest expense | 440,000 | 971,000 | 1,600,000 | 2,335,000 |
| Net interest income | 528,000 | 1,102,000 | 1,718,000 | 2,373,000 |
| Noninterest income | 83,000 | 176,000 | 242,000 | 290,000 |
| Noninterest expense | 726,000 | 1,472,000 | 2,283,000 | 3,058,000 |
| Provision for loan losses | 80,000 | 156,000 | 212,000 | 292,000 |
| Pretax income | -195,000 | -350,000 | -535,000 | -687,000 |
| Income tax | -81,000 | -134,000 | -197,000 | -248,000 |
| Net income | -114,000 | -216,000 | -338,000 | -439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,981,000 | 8,821,000 | 8,634,000 | 8,495,000 |
| Total capital | 9,446,000 | 9,362,000 | 9,230,000 | 9,172,000 |
| Risk-weighted assets | 46,180,000 | 49,110,000 | 55,777,000 | 62,589,000 |