Call reports 2007
STATE BANK OF DRUMMOND — 2007
What STATE BANK OF DRUMMOND 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 | 43,693,000 | 43,655,000 | 46,679,000 | 44,473,000 |
| Total loans | 29,700,000 | 29,776,000 | 29,185,000 | 28,785,000 |
| Allowance for loan losses | 400,000 | 409,000 | 411,000 | 421,000 |
| Securities available for sale | 9,473,000 | 8,980,000 | 8,711,000 | 7,299,000 |
| Securities held to maturity | 450,000 | 450,000 | 450,000 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,160,000 | 35,104,000 | 37,910,000 | 35,742,000 |
| Interest-bearing deposits | 30,890,000 | 29,573,000 | 32,250,000 | 30,287,000 |
| Noninterest-bearing deposits | 4,270,000 | 5,531,000 | 5,660,000 | 5,455,000 |
| Equity capital | 4,889,000 | 4,895,000 | 5,040,000 | 5,061,000 |
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 | 713,000 | 1,437,000 | 2,174,000 | 2,910,000 |
| Interest expense | 312,000 | 612,000 | 914,000 | 1,227,000 |
| Net interest income | 401,000 | 825,000 | 1,260,000 | 1,683,000 |
| Noninterest income | 46,000 | 98,000 | 162,000 | 236,000 |
| Noninterest expense | 388,000 | 775,000 | 1,160,000 | 1,525,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 50,000 | 130,000 | 235,000 | 358,000 |
| Income tax | 14,000 | 34,000 | 49,000 | 76,000 |
| Net income | 36,000 | 96,000 | 186,000 | 282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,917,000 | 4,946,000 | 5,035,000 | 5,033,000 |
| Total capital | 5,266,000 | 5,299,000 | 5,392,000 | 5,381,000 |
| Risk-weighted assets | 27,890,000 | 28,174,000 | 28,469,000 | 27,758,000 |