Call reports 2007
RELIANCE BANK — 2007
What RELIANCE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Total assets | 13,533,000 | 24,720,000 |
| Total loans | 5,762,000 | 14,010,000 |
| Allowance for loan losses | 4,000 | 125,000 |
| Securities available for sale | 1,543,000 | 4,530,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 4,162,000 | 15,329,000 |
| Interest-bearing deposits | 4,022,000 | 14,885,000 |
| Noninterest-bearing deposits | 140,000 | 444,000 |
| Equity capital | 9,365,000 | 9,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Interest income | 67,000 | 392,000 |
| Interest expense | 9,000 | 140,000 |
| Net interest income | 58,000 | 252,000 |
| Noninterest income | 0 | 9,000 |
| Noninterest expense | 237,000 | 640,000 |
| Provision for loan losses | 4,000 | 125,000 |
| Pretax income | -183,000 | -504,000 |
| Income tax | 0 | 0 |
| Net income | -183,000 | -504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Tier 1 capital | 9,365,000 | 9,204,000 |
| Total capital | 9,369,000 | 9,329,000 |
| Risk-weighted assets | 9,559,000 | 21,904,000 |