Call reports 2007
METHOD BANK — 2007
What METHOD 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 | 11,789,000 | 11,684,000 | 12,205,000 | 12,471,000 |
| Total loans | 8,086,000 | 8,187,000 | 8,589,000 | 9,455,000 |
| Allowance for loan losses | 171,000 | 171,000 | 177,000 | 170,000 |
| Securities available for sale | 1,592,000 | 1,577,000 | 1,296,000 | 1,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,895,000 | 10,750,000 | 11,218,000 | 10,810,000 |
| Interest-bearing deposits | 7,811,000 | 7,841,000 | 8,168,000 | 8,059,000 |
| Noninterest-bearing deposits | 3,084,000 | 2,909,000 | 3,050,000 | 2,751,000 |
| Equity capital | 866,000 | 905,000 | 960,000 | 867,000 |
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 | 214,000 | 430,000 | 652,000 | 895,000 |
| Interest expense | 47,000 | 103,000 | 159,000 | 214,000 |
| Net interest income | 167,000 | 327,000 | 493,000 | 681,000 |
| Noninterest income | 30,000 | 71,000 | 121,000 | 155,000 |
| Noninterest expense | 156,000 | 305,000 | 465,000 | 632,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 25,000 |
| Pretax income | 41,000 | 93,000 | 129,000 | 179,000 |
| Income tax | 8,000 | 10,000 | 8,000 | 8,000 |
| Net income | 33,000 | 83,000 | 121,000 | 171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 907,000 | 955,000 | 992,000 | 877,000 |
| Total capital | 1,021,000 | 1,071,000 | 1,110,000 | 999,000 |
| Risk-weighted assets | 9,101,000 | 9,202,000 | 9,317,000 | 9,926,000 |