Call reports 2007
BANK OF GASSAWAY — 2007
What BANK OF GASSAWAY 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 | 154,926,000 | 149,755,000 | 151,229,000 | 146,348,000 |
| Total loans | 70,771,000 | 71,886,000 | 72,986,000 | 73,052,000 |
| Allowance for loan losses | 1,664,000 | 1,633,000 | 1,612,000 | 1,560,000 |
| Securities available for sale | 44,476,000 | 46,720,000 | 45,456,000 | 44,387,000 |
| Securities held to maturity | 16,981,000 | 16,472,000 | 16,223,000 | 16,184,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,377,000 | 130,533,000 | 131,154,000 | 126,066,000 |
| Interest-bearing deposits | 102,909,000 | 99,677,000 | 99,743,000 | 93,439,000 |
| Noninterest-bearing deposits | 33,468,000 | 30,856,000 | 31,411,000 | 32,627,000 |
| Equity capital | 17,771,000 | 17,888,000 | 18,697,000 | 19,303,000 |
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 | 2,115,000 | 4,297,000 | 6,417,000 | 8,537,000 |
| Interest expense | 611,000 | 1,225,000 | 1,834,000 | 2,469,000 |
| Net interest income | 1,504,000 | 3,072,000 | 4,583,000 | 6,068,000 |
| Noninterest income | 157,000 | 340,000 | 528,000 | 696,000 |
| Noninterest expense | 1,135,000 | 2,255,000 | 3,405,000 | 4,734,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 526,000 | 1,157,000 | 1,706,000 | 2,030,000 |
| Income tax | 198,000 | 436,000 | 648,000 | 667,000 |
| Net income | 328,000 | 721,000 | 1,058,000 | 1,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,305,000 | 18,698,000 | 19,034,000 | 19,339,000 |
| Total capital | 19,214,000 | 19,620,000 | 19,957,000 | 20,250,000 |
| Risk-weighted assets | 71,961,000 | 73,087,000 | 73,118,000 | 72,230,000 |