Call reports 2007
GOLDWATER BANK, NATIONAL ASSOCIATION — 2007
What GOLDWATER BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Total assets | 27,581,000 | 45,352,000 | 47,555,000 |
| Total loans | 7,102,000 | 14,903,000 | 25,952,000 |
| Allowance for loan losses | 90,000 | 195,000 | 307,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 8,178,000 | 26,249,000 | 28,759,000 |
| Interest-bearing deposits | 7,908,000 | 25,978,000 | 28,418,000 |
| Noninterest-bearing deposits | 270,000 | 271,000 | 341,000 |
| Equity capital | 19,272,000 | 18,823,000 | 18,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Interest income | 333,000 | 945,000 | 1,730,000 |
| Interest expense | 45,000 | 246,000 | 504,000 |
| Net interest income | 288,000 | 699,000 | 1,226,000 |
| Noninterest income | 0 | 0 | 4,000 |
| Noninterest expense | 2,367,000 | 3,122,000 | 4,422,000 |
| Provision for loan losses | 90,000 | 195,000 | 307,000 |
| Pretax income | -2,169,000 | -2,618,000 | -3,499,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -2,169,000 | -2,618,000 | -3,499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Tier 1 capital | 19,272,000 | 18,823,000 | 18,495,000 |
| Total capital | 19,362,000 | 19,018,000 | 18,803,000 |
| Risk-weighted assets | 11,614,000 | 28,308,000 | 37,503,000 |