Call reports 2007
FLORIDA CHOICE BANK — 2007
What FLORIDA CHOICE 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 | 554,488,000 | 944,598,000 | 955,901,000 | 942,937,000 |
| Total loans | 477,187,000 | 775,935,000 | 791,757,000 | 810,868,000 |
| Allowance for loan losses | 6,416,000 | 9,886,000 | 10,385,000 | 12,673,000 |
| Securities available for sale | 33,038,000 | 93,583,000 | 92,182,000 | 63,963,000 |
| Securities held to maturity | 0 | 11,000,000 | 10,541,000 | 10,102,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 470,196,000 | 763,811,000 | 737,886,000 | 740,450,000 |
| Interest-bearing deposits | 411,687,000 | 670,270,000 | 651,985,000 | 662,310,000 |
| Noninterest-bearing deposits | 58,509,000 | 93,541,000 | 85,902,000 | 78,140,000 |
| Equity capital | 57,510,000 | 94,299,000 | 96,715,000 | 97,017,000 |
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 | 10,750,000 | 36,145,000 | 53,681,000 | 70,573,000 |
| Interest expense | 4,916,000 | 16,721,000 | 25,013,000 | 33,392,000 |
| Net interest income | 5,834,000 | 19,424,000 | 28,668,000 | 37,181,000 |
| Noninterest income | 603,000 | 2,210,000 | 3,082,000 | 4,639,000 |
| Noninterest expense | 3,431,000 | 10,865,000 | 16,273,000 | 21,204,000 |
| Provision for loan losses | 260,000 | 430,000 | 1,180,000 | 4,675,000 |
| Pretax income | 2,746,000 | 10,339,000 | 14,297,000 | 15,776,000 |
| Income tax | 1,011,000 | 3,832,000 | 5,281,000 | 5,778,000 |
| Net income | 1,735,000 | 6,507,000 | 9,016,000 | 9,998,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,476,000 | 89,467,000 | 91,474,000 | 91,953,000 |
| Total capital | 56,892,000 | 99,353,000 | 101,859,000 | 103,025,000 |
| Risk-weighted assets | 538,429,000 | 860,078,000 | 879,167,000 | 884,172,000 |