Call reports 2007
FIRSTBANK OF LAKEWOOD — 2007
What FIRSTBANK OF LAKEWOOD 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 | 293,261,000 | 306,737,000 | 322,865,000 | 310,062,000 |
| Total loans | 69,150,000 | 72,411,000 | 73,349,000 | 79,928,000 |
| Allowance for loan losses | 631,000 | 666,000 | 684,000 | 712,000 |
| Securities available for sale | 115,253,000 | 112,056,000 | 119,657,000 | 109,611,000 |
| Securities held to maturity | 86,378,000 | 85,755,000 | 89,221,000 | 98,329,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 271,344,000 | 275,851,000 | 279,392,000 | 286,835,000 |
| Interest-bearing deposits | 214,909,000 | 222,906,000 | 221,696,000 | 237,067,000 |
| Noninterest-bearing deposits | 56,435,000 | 52,945,000 | 57,695,000 | 49,768,000 |
| Equity capital | 19,464,000 | 19,202,000 | 20,203,000 | 20,958,000 |
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 | 3,961,000 | 8,052,000 | 12,320,000 | 16,659,000 |
| Interest expense | 1,763,000 | 3,697,000 | 5,782,000 | 7,865,000 |
| Net interest income | 2,198,000 | 4,355,000 | 6,538,000 | 8,794,000 |
| Noninterest income | 902,000 | 1,948,000 | 3,064,000 | 4,201,000 |
| Noninterest expense | 1,669,000 | 3,305,000 | 4,961,000 | 6,610,000 |
| Provision for loan losses | -19,000 | 42,000 | 80,000 | 117,000 |
| Pretax income | 1,450,000 | 2,956,000 | 4,561,000 | 6,268,000 |
| Income tax | 353,000 | 734,000 | 1,149,000 | 1,583,000 |
| Net income | 1,097,000 | 2,222,000 | 3,412,000 | 4,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,790,000 | 19,215,000 | 19,706,000 | 20,279,000 |
| Total capital | 19,449,000 | 19,902,000 | 20,420,000 | 21,014,000 |
| Risk-weighted assets | 115,465,000 | 121,883,000 | 126,406,000 | 130,175,000 |