Call reports 2007
NORBANK — 2007
What NORBANK 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 | 33,677,000 | 33,906,000 | 34,582,000 | 33,592,000 |
| Total loans | 16,337,000 | 15,199,000 | 14,452,000 | 14,370,000 |
| Allowance for loan losses | 225,000 | 105,000 | 147,000 | 152,000 |
| Securities available for sale | 15,559,000 | 13,940,000 | 15,134,000 | 15,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,049,000 | 31,569,000 | 31,942,000 | 31,049,000 |
| Interest-bearing deposits | 20,898,000 | 22,274,000 | 22,576,000 | 21,654,000 |
| Noninterest-bearing deposits | 9,151,000 | 9,295,000 | 9,366,000 | 9,395,000 |
| Equity capital | 2,446,000 | 2,131,000 | 2,434,000 | 2,388,000 |
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 | 511,000 | 973,000 | 1,476,000 | 1,982,000 |
| Interest expense | 155,000 | 311,000 | 472,000 | 628,000 |
| Net interest income | 356,000 | 662,000 | 1,004,000 | 1,354,000 |
| Noninterest income | 18,000 | 43,000 | 60,000 | 75,000 |
| Noninterest expense | 249,000 | 491,000 | 746,000 | 998,000 |
| Provision for loan losses | 0 | 530,000 | 570,000 | 895,000 |
| Pretax income | 125,000 | -316,000 | -252,000 | -464,000 |
| Income tax | 6,000 | 12,000 | 1,000 | 1,000 |
| Net income | 119,000 | -328,000 | -253,000 | -465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,750,000 | 2,503,000 | 2,583,000 | 2,365,000 |
| Total capital | 2,975,000 | 2,608,000 | 2,730,000 | 2,517,000 |
| Risk-weighted assets | 18,518,000 | 17,630,000 | 17,476,000 | 17,147,000 |