Call reports 2007
KENT BANK — 2007
What KENT 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 | 108,006,000 | 107,191,000 | 112,332,000 | 109,963,000 |
| Total loans | 76,471,000 | 73,920,000 | 77,442,000 | 71,982,000 |
| Allowance for loan losses | 411,000 | 362,000 | 421,000 | 421,000 |
| Securities available for sale | 25,039,000 | 27,702,000 | 28,908,000 | 30,965,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,891,000 | 86,578,000 | 84,514,000 | 85,426,000 |
| Interest-bearing deposits | 81,117,000 | 80,790,000 | 79,896,000 | 80,746,000 |
| Noninterest-bearing deposits | 4,774,000 | 5,788,000 | 4,618,000 | 4,680,000 |
| Equity capital | 10,013,000 | 9,712,000 | 9,844,000 | 10,181,000 |
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 | 1,742,000 | 3,553,000 | 5,330,000 | 7,201,000 |
| Interest expense | 1,024,000 | 2,070,000 | 3,145,000 | 4,219,000 |
| Net interest income | 718,000 | 1,483,000 | 2,185,000 | 2,982,000 |
| Noninterest income | 84,000 | 179,000 | 264,000 | 365,000 |
| Noninterest expense | 437,000 | 865,000 | 1,297,000 | 1,664,000 |
| Provision for loan losses | 10,000 | 10,000 | 93,000 | 93,000 |
| Pretax income | 358,000 | 790,000 | 1,062,000 | 1,628,000 |
| Income tax | 5,000 | 11,000 | 15,000 | 23,000 |
| Net income | 353,000 | 779,000 | 1,047,000 | 1,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,031,000 | 9,233,000 | 9,150,000 | 9,059,000 |
| Total capital | 9,442,000 | 9,595,000 | 9,571,000 | 9,480,000 |
| Risk-weighted assets | 81,063,000 | 80,261,000 | 84,544,000 | 78,187,000 |