Call reports 2007
WESTERN RESERVE BANK — 2007
What WESTERN RESERVE 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 | 146,542,000 | 152,670,000 | 157,984,000 | 159,284,000 |
| Total loans | 115,794,000 | 117,173,000 | 118,514,000 | 121,628,000 |
| Allowance for loan losses | 1,626,000 | 1,663,000 | 1,695,000 | 1,606,000 |
| Securities available for sale | 10,825,000 | 10,129,000 | 10,160,000 | 10,983,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,309,000 | 136,352,000 | 140,273,000 | 141,973,000 |
| Interest-bearing deposits | 115,330,000 | 121,019,000 | 124,825,000 | 124,348,000 |
| Noninterest-bearing deposits | 14,979,000 | 15,333,000 | 15,448,000 | 17,625,000 |
| Equity capital | 10,881,000 | 10,930,000 | 11,270,000 | 11,842,000 |
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 | 2,554,000 | 5,248,000 | 8,033,000 | 10,864,000 |
| Interest expense | 1,254,000 | 2,604,000 | 4,052,000 | 5,484,000 |
| Net interest income | 1,300,000 | 2,644,000 | 3,981,000 | 5,380,000 |
| Noninterest income | 85,000 | 204,000 | 299,000 | 383,000 |
| Noninterest expense | 1,087,000 | 2,249,000 | 3,355,000 | 4,493,000 |
| Provision for loan losses | -5,000 | -2,000 | 20,000 | 116,000 |
| Pretax income | 303,000 | 601,000 | 905,000 | 1,154,000 |
| Income tax | 88,000 | 175,000 | 264,000 | 334,000 |
| Net income | 215,000 | 426,000 | 641,000 | 820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,878,000 | 11,089,000 | 11,304,000 | 11,783,000 |
| Total capital | 13,324,000 | 13,553,000 | 13,793,000 | 14,289,000 |
| Risk-weighted assets | 123,585,000 | 124,240,000 | 127,053,000 | 130,610,000 |