Call reports 2007
AVON STATE BANK — 2007
What AVON STATE 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 | 97,432,000 | 98,580,000 | 102,250,000 | 104,909,000 |
| Total loans | 72,403,000 | 69,771,000 | 70,448,000 | 67,212,000 |
| Allowance for loan losses | 1,095,000 | 970,000 | 858,000 | 1,049,000 |
| Securities available for sale | 15,197,000 | 15,620,000 | 18,351,000 | 20,001,000 |
| Securities held to maturity | 1,553,000 | 1,534,000 | 1,533,000 | 1,503,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,687,000 | 86,268,000 | 89,389,000 | 92,040,000 |
| Interest-bearing deposits | 75,387,000 | 76,829,000 | 78,707,000 | 80,257,000 |
| Noninterest-bearing deposits | 9,300,000 | 9,439,000 | 10,682,000 | 11,783,000 |
| Equity capital | 11,896,000 | 11,867,000 | 12,360,000 | 12,315,000 |
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 | 1,505,000 | 3,019,000 | 4,647,000 | 6,261,000 |
| Interest expense | 676,000 | 1,376,000 | 2,145,000 | 2,914,000 |
| Net interest income | 829,000 | 1,643,000 | 2,502,000 | 3,347,000 |
| Noninterest income | 57,000 | 120,000 | 188,000 | 250,000 |
| Noninterest expense | 357,000 | 850,000 | 1,284,000 | 1,759,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 635,000 |
| Pretax income | 484,000 | 823,000 | 1,271,000 | 1,203,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 484,000 | 823,000 | 1,271,000 | 1,203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,193,000 | 12,241,000 | 12,499,000 | 12,306,000 |
| Total capital | 12,981,000 | 13,012,000 | 13,287,000 | 13,057,000 |
| Risk-weighted assets | 62,707,000 | 61,482,000 | 63,003,000 | 59,747,000 |