Call reports 2007
NEW FRONTIER BANK — 2007
What NEW FRONTIER 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 | 1,451,669,000 | 1,662,717,000 | 1,758,286,000 | 1,973,669,000 |
| Total loans | 1,165,367,000 | 1,329,902,000 | 1,435,575,000 | 1,604,319,000 |
| Allowance for loan losses | 12,464,000 | 15,112,000 | 17,875,000 | 29,347,000 |
| Securities available for sale | 181,449,000 | 214,505,000 | 233,083,000 | 239,773,000 |
| Securities held to maturity | 0 | 0 | 0 | 10,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,173,003,000 | 1,358,246,000 | 1,387,648,000 | 1,599,963,000 |
| Interest-bearing deposits | 1,123,212,000 | 1,303,642,000 | 1,334,842,000 | 1,547,155,000 |
| Noninterest-bearing deposits | 49,791,000 | 54,604,000 | 52,806,000 | 52,808,000 |
| Equity capital | 145,044,000 | 148,233,000 | 156,448,000 | 162,010,000 |
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 | 28,870,000 | 61,420,000 | 95,871,000 | 133,247,000 |
| Interest expense | 15,353,000 | 32,864,000 | 52,572,000 | 73,806,000 |
| Net interest income | 13,517,000 | 28,556,000 | 43,299,000 | 59,441,000 |
| Noninterest income | 911,000 | 1,881,000 | 2,937,000 | 3,914,000 |
| Noninterest expense | 5,220,000 | 11,117,000 | 16,730,000 | 24,215,000 |
| Provision for loan losses | 2,171,000 | 5,276,000 | 9,776,000 | 21,969,000 |
| Pretax income | 7,037,000 | 14,045,000 | 19,730,000 | 17,243,000 |
| Income tax | 2,490,000 | 4,845,000 | 6,688,000 | 5,401,000 |
| Net income | 4,547,000 | 9,200,000 | 13,042,000 | 11,842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 145,102,000 | 150,179,000 | 157,143,000 | 162,127,000 |
| Total capital | 157,566,000 | 165,291,000 | 175,018,000 | 184,308,000 |
| Risk-weighted assets | 1,304,374,000 | 1,470,594,000 | 1,588,590,000 | 1,766,784,000 |