Call reports 2007
GLASGOW SAVINGS BANK — 2007
What GLASGOW SAVINGS 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 | 32,596,000 | 31,375,000 | 30,978,000 | 34,001,000 |
| Total loans | 21,910,000 | 21,583,000 | 23,591,000 | 26,589,000 |
| Allowance for loan losses | 217,000 | 161,000 | 163,000 | 160,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,380,000 | 2,793,000 | 499,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,692,000 | 26,387,000 | 25,940,000 | 27,795,000 |
| Interest-bearing deposits | 24,311,000 | 22,822,000 | 22,820,000 | 24,547,000 |
| Noninterest-bearing deposits | 3,381,000 | 3,565,000 | 3,120,000 | 3,248,000 |
| Equity capital | 4,498,000 | 4,546,000 | 4,565,000 | 4,485,000 |
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 | 485,000 | 1,004,000 | 1,514,000 | 2,045,000 |
| Interest expense | 175,000 | 368,000 | 548,000 | 741,000 |
| Net interest income | 310,000 | 636,000 | 966,000 | 1,304,000 |
| Noninterest income | 18,000 | 39,000 | 55,000 | 77,000 |
| Noninterest expense | 202,000 | 412,000 | 647,000 | 888,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 126,000 | 263,000 | 374,000 | 493,000 |
| Income tax | 53,000 | 102,000 | 143,000 | 194,000 |
| Net income | 73,000 | 161,000 | 231,000 | 299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,639,000 | 2,702,000 | 2,736,000 | 2,672,000 |
| Total capital | 2,856,000 | 2,863,000 | 2,899,000 | 2,832,000 |
| Risk-weighted assets | 24,551,000 | 23,255,000 | 23,458,000 | 26,313,000 |