Call reports 2007
FIRST CHOICE BANK — 2007
What FIRST 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 | 213,473,000 | 215,174,000 | 210,980,000 | 209,728,000 |
| Total loans | 124,791,000 | 125,785,000 | 125,717,000 | 120,379,000 |
| Allowance for loan losses | 2,642,000 | 2,748,000 | 2,526,000 | 2,691,000 |
| Securities available for sale | 44,115,000 | 51,330,000 | 54,864,000 | 51,364,000 |
| Securities held to maturity | 9,888,000 | 9,664,000 | 9,473,000 | 11,372,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,401,000 | 181,342,000 | 176,134,000 | 175,772,000 |
| Interest-bearing deposits | 161,141,000 | 162,434,000 | 154,849,000 | 153,413,000 |
| Noninterest-bearing deposits | 19,260,000 | 18,908,000 | 21,285,000 | 22,359,000 |
| Equity capital | 30,592,000 | 31,040,000 | 31,888,000 | 30,916,000 |
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 | 3,462,000 | 7,119,000 | 10,823,000 | 14,311,000 |
| Interest expense | 1,335,000 | 2,730,000 | 4,192,000 | 5,583,000 |
| Net interest income | 2,127,000 | 4,389,000 | 6,631,000 | 8,728,000 |
| Noninterest income | 486,000 | 1,071,000 | 1,585,000 | 2,156,000 |
| Noninterest expense | 1,424,000 | 2,895,000 | 4,518,000 | 6,108,000 |
| Provision for loan losses | 340,000 | 865,000 | 1,165,000 | 1,565,000 |
| Pretax income | 849,000 | 1,700,000 | 2,533,000 | 3,211,000 |
| Income tax | 280,000 | 550,000 | 831,000 | 1,082,000 |
| Net income | 569,000 | 1,150,000 | 1,702,000 | 2,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,689,000 | 31,279,000 | 31,840,000 | 30,675,000 |
| Total capital | 32,319,000 | 32,975,000 | 33,496,000 | 32,285,000 |
| Risk-weighted assets | 129,401,000 | 134,667,000 | 131,625,000 | 127,681,000 |