Call reports 2007
PINELAND BANK — 2007
What PINELAND 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 | 89,567,000 | 87,538,000 | 84,226,000 | 89,531,000 |
| Total loans | 49,650,000 | 52,093,000 | 50,880,000 | 50,886,000 |
| Allowance for loan losses | 824,000 | 905,000 | 978,000 | 985,000 |
| Securities available for sale | 16,761,000 | 15,690,000 | 14,410,000 | 12,216,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,092,000 | 76,987,000 | 73,330,000 | 79,049,000 |
| Interest-bearing deposits | 68,939,000 | 66,475,000 | 63,581,000 | 66,306,000 |
| Noninterest-bearing deposits | 10,153,000 | 10,512,000 | 9,749,000 | 12,743,000 |
| Equity capital | 9,637,000 | 9,795,000 | 10,106,000 | 9,773,000 |
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 | 1,627,000 | 3,255,000 | 4,854,000 | 6,388,000 |
| Interest expense | 669,000 | 1,341,000 | 1,993,000 | 2,624,000 |
| Net interest income | 958,000 | 1,914,000 | 2,861,000 | 3,764,000 |
| Noninterest income | 218,000 | 399,000 | 539,000 | 700,000 |
| Noninterest expense | 698,000 | 1,487,000 | 2,151,000 | 2,984,000 |
| Provision for loan losses | 75,000 | 127,000 | 202,000 | 227,000 |
| Pretax income | 403,000 | 699,000 | 1,047,000 | 1,253,000 |
| Income tax | 137,000 | 234,000 | 351,000 | 375,000 |
| Net income | 266,000 | 465,000 | 696,000 | 878,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,692,000 | 9,891,000 | 10,122,000 | 9,742,000 |
| Total capital | 10,454,000 | 10,661,000 | 10,885,000 | 10,504,000 |
| Risk-weighted assets | 60,885,000 | 61,427,000 | 60,861,000 | 60,733,000 |