Call reports 2007
EXCHANGE BANK OF FAIRFAX — 2007
What EXCHANGE BANK OF FAIRFAX 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 | 14,677,000 | 15,382,000 | 14,729,000 | 14,643,000 |
| Total loans | 4,423,000 | 4,893,000 | 5,053,000 | 5,003,000 |
| Allowance for loan losses | 378,000 | 378,000 | 378,000 | 378,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,208,000 | 7,710,000 | 7,260,000 | 6,451,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,742,000 | 12,439,000 | 11,730,000 | 11,739,000 |
| Interest-bearing deposits | 8,798,000 | 8,621,000 | 8,828,000 | 8,589,000 |
| Noninterest-bearing deposits | 2,944,000 | 3,818,000 | 2,902,000 | 3,150,000 |
| Equity capital | 2,800,000 | 2,800,000 | 2,802,000 | 2,801,000 |
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 | 190,000 | 405,000 | 628,000 | 853,000 |
| Interest expense | 53,000 | 106,000 | 160,000 | 213,000 |
| Net interest income | 137,000 | 299,000 | 468,000 | 640,000 |
| Noninterest income | 8,000 | 16,000 | 23,000 | 29,000 |
| Noninterest expense | 106,000 | 210,000 | 322,000 | 435,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 39,000 | 105,000 | 169,000 | 234,000 |
| Income tax | 10,000 | 31,000 | 51,000 | 72,000 |
| Net income | 29,000 | 74,000 | 118,000 | 162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,800,000 | 2,800,000 | 2,802,000 | 2,801,000 |
| Total capital | 2,886,000 | 2,899,000 | 2,889,000 | 2,894,000 |
| Risk-weighted assets | 6,581,000 | 7,668,000 | 6,658,000 | 7,187,000 |