Call reports 2007
SOUTH PADRE BANK, NATIONAL ASSOCIATION — 2007
What SOUTH PADRE BANK, NATIONAL ASSOCIATION 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 | 36,134,000 | 39,297,000 | 36,803,000 | 34,757,000 |
| Total loans | 27,569,000 | 25,170,000 | 23,253,000 | 23,111,000 |
| Allowance for loan losses | 341,000 | 341,000 | 341,000 | 341,000 |
| Securities available for sale | 3,212,000 | 3,346,000 | 3,677,000 | 4,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,324,000 | 31,618,000 | 29,009,000 | 26,945,000 |
| Interest-bearing deposits | 22,478,000 | 23,350,000 | 22,113,000 | 21,443,000 |
| Noninterest-bearing deposits | 5,846,000 | 8,268,000 | 6,896,000 | 5,502,000 |
| Equity capital | 6,068,000 | 6,175,000 | 6,375,000 | 6,517,000 |
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 | 623,000 | 1,258,000 | 1,919,000 | 2,519,000 |
| Interest expense | 205,000 | 407,000 | 616,000 | 831,000 |
| Net interest income | 418,000 | 851,000 | 1,303,000 | 1,688,000 |
| Noninterest income | 20,000 | 36,000 | 55,000 | 72,000 |
| Noninterest expense | 236,000 | 459,000 | 700,000 | 928,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 200,000 | 426,000 | 656,000 | 831,000 |
| Income tax | 68,000 | 143,000 | 222,000 | 280,000 |
| Net income | 132,000 | 283,000 | 434,000 | 551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,081,000 | 6,232,000 | 6,383,000 | 6,500,000 |
| Total capital | 6,392,000 | 6,545,000 | 6,681,000 | 6,794,000 |
| Risk-weighted assets | 24,862,000 | 24,997,000 | 23,762,000 | 23,444,000 |