Call reports 2007
ATLANTIC STEWARDSHIP BANK — 2007
What ATLANTIC STEWARDSHIP 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 | 516,703,000 | 534,717,000 | 542,808,000 | 567,048,000 |
| Total loans | 371,573,000 | 385,325,000 | 396,981,000 | 421,430,000 |
| Allowance for loan losses | 4,093,000 | 4,181,000 | 4,249,000 | 4,457,000 |
| Securities available for sale | 68,102,000 | 74,719,000 | 75,088,000 | 74,383,000 |
| Securities held to maturity | 39,229,000 | 39,864,000 | 39,911,000 | 39,197,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 441,281,000 | 452,849,000 | 459,713,000 | 473,072,000 |
| Interest-bearing deposits | 413,770,000 | 421,301,000 | 432,061,000 | 445,631,000 |
| Noninterest-bearing deposits | 27,511,000 | 31,548,000 | 27,652,000 | 27,441,000 |
| Equity capital | 39,787,000 | 40,200,000 | 41,640,000 | 42,658,000 |
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 | 7,878,000 | 15,941,000 | 24,416,000 | 33,132,000 |
| Interest expense | 3,137,000 | 6,330,000 | 9,822,000 | 13,393,000 |
| Net interest income | 4,741,000 | 9,611,000 | 14,594,000 | 19,739,000 |
| Noninterest income | 985,000 | 2,482,000 | 3,393,000 | 4,334,000 |
| Noninterest expense | 3,910,000 | 8,035,000 | 11,881,000 | 16,409,000 |
| Provision for loan losses | 10,000 | 190,000 | 280,000 | 530,000 |
| Pretax income | 1,806,000 | 3,868,000 | 5,826,000 | 7,138,000 |
| Income tax | 626,000 | 1,158,000 | 1,825,000 | 2,231,000 |
| Net income | 1,180,000 | 2,710,000 | 4,001,000 | 4,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,117,000 | 41,057,000 | 41,877,000 | 42,312,000 |
| Total capital | 44,210,000 | 45,238,000 | 46,126,000 | 46,769,000 |
| Risk-weighted assets | 396,539,000 | 412,817,000 | 423,777,000 | 442,244,000 |