Call reports 2007
BANK FORWARD — 2007
What BANK FORWARD 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 | 366,762,000 | 392,683,000 | 416,703,000 | 425,915,000 |
| Total loans | 284,968,000 | 311,010,000 | 328,092,000 | 332,998,000 |
| Allowance for loan losses | 2,611,000 | 2,826,000 | 3,007,000 | 3,122,000 |
| Securities available for sale | 52,569,000 | 52,511,000 | 53,187,000 | 54,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,799,000 | 303,088,000 | 311,791,000 | 321,898,000 |
| Interest-bearing deposits | 260,131,000 | 273,760,000 | 279,065,000 | 284,032,000 |
| Noninterest-bearing deposits | 33,668,000 | 29,328,000 | 32,726,000 | 37,866,000 |
| Equity capital | 28,999,000 | 29,636,000 | 32,221,000 | 34,804,000 |
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 | 6,224,000 | 12,936,000 | 20,010,000 | 26,929,000 |
| Interest expense | 3,063,000 | 6,426,000 | 10,086,000 | 13,655,000 |
| Net interest income | 3,161,000 | 6,510,000 | 9,924,000 | 13,274,000 |
| Noninterest income | 822,000 | 2,008,000 | 3,131,000 | 4,506,000 |
| Noninterest expense | 3,141,000 | 7,075,000 | 11,099,000 | 15,753,000 |
| Provision for loan losses | 580,000 | 812,000 | 996,000 | 1,272,000 |
| Pretax income | 264,000 | 633,000 | 962,000 | 796,000 |
| Income tax | 53,000 | 48,000 | 79,000 | 60,000 |
| Net income | 211,000 | 585,000 | 883,000 | 736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,297,000 | 24,073,000 | 26,117,000 | 26,560,000 |
| Total capital | 33,908,000 | 32,899,000 | 35,124,000 | 35,682,000 |
| Risk-weighted assets | 301,329,000 | 325,570,000 | 346,007,000 | 348,169,000 |