Call reports 2007
BRIGHTON COMMERCE BANK — 2007
What BRIGHTON COMMERCE 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 | 104,632,000 | 105,521,000 | 110,337,000 | 108,665,000 |
| Total loans | 94,090,000 | 99,162,000 | 103,318,000 | 99,628,000 |
| Allowance for loan losses | 950,000 | 975,000 | 1,018,000 | 1,018,000 |
| Securities available for sale | 242,000 | 236,000 | 238,000 | 241,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,568,000 | 90,600,000 | 85,246,000 | 88,966,000 |
| Interest-bearing deposits | 83,089,000 | 79,914,000 | 75,295,000 | 78,686,000 |
| Noninterest-bearing deposits | 8,479,000 | 10,686,000 | 9,951,000 | 10,280,000 |
| Equity capital | 9,114,000 | 9,452,000 | 9,850,000 | 9,619,000 |
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 | 1,896,000 | 3,876,000 | 5,911,000 | 7,961,000 |
| Interest expense | 938,000 | 1,888,000 | 2,848,000 | 3,820,000 |
| Net interest income | 958,000 | 1,988,000 | 3,063,000 | 4,141,000 |
| Noninterest income | 64,000 | 193,000 | 255,000 | 346,000 |
| Noninterest expense | 852,000 | 1,730,000 | 2,600,000 | 3,513,000 |
| Provision for loan losses | -46,000 | -21,000 | 21,000 | 22,000 |
| Pretax income | 216,000 | 472,000 | 697,000 | 952,000 |
| Income tax | 74,000 | 163,000 | 242,000 | 331,000 |
| Net income | 142,000 | 309,000 | 455,000 | 621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,794,000 | 9,136,000 | 9,532,000 | 9,298,000 |
| Total capital | 9,744,000 | 10,111,000 | 10,550,000 | 10,316,000 |
| Risk-weighted assets | 96,727,000 | 100,941,000 | 105,318,000 | 102,447,000 |