Call reports 2007
FRANKLIN STATE BANK — 2007
What FRANKLIN STATE 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 | 36,994,000 | 36,688,000 | 38,780,000 | 39,277,000 |
| Total loans | 15,472,000 | 16,800,000 | 17,037,000 | 16,665,000 |
| Allowance for loan losses | 350,000 | 352,000 | 360,000 | 350,000 |
| Securities available for sale | 18,401,000 | 17,705,000 | 18,642,000 | 19,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,180,000 | 28,913,000 | 30,634,000 | 31,170,000 |
| Interest-bearing deposits | 25,962,000 | 25,639,000 | 26,052,000 | 26,408,000 |
| Noninterest-bearing deposits | 3,218,000 | 3,274,000 | 4,582,000 | 4,762,000 |
| Equity capital | 7,679,000 | 7,672,000 | 7,861,000 | 7,943,000 |
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 | 552,000 | 1,086,000 | 1,635,000 | 2,207,000 |
| Interest expense | 200,000 | 410,000 | 624,000 | 842,000 |
| Net interest income | 352,000 | 676,000 | 1,011,000 | 1,365,000 |
| Noninterest income | 23,000 | 50,000 | 77,000 | 99,000 |
| Noninterest expense | 191,000 | 367,000 | 547,000 | 984,000 |
| Provision for loan losses | 0 | 0 | 0 | -14,000 |
| Pretax income | 184,000 | 359,000 | 541,000 | 494,000 |
| Income tax | 0 | 39,000 | 144,000 | 121,000 |
| Net income | 184,000 | 320,000 | 397,000 | 373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,811,000 | 7,947,000 | 7,949,000 | 7,925,000 |
| Total capital | 8,068,000 | 8,216,000 | 8,226,000 | 8,199,000 |
| Risk-weighted assets | 20,438,000 | 21,415,000 | 22,061,000 | 21,852,000 |