Call reports 2007
OGLETHORPE BANK — 2007
What OGLETHORPE 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 | 185,551,000 | 194,802,000 | 209,110,000 | 209,434,000 |
| Total loans | 147,804,000 | 161,645,000 | 172,644,000 | 180,227,000 |
| Allowance for loan losses | 1,639,000 | 1,777,000 | 1,949,000 | 2,294,000 |
| Securities available for sale | 11,778,000 | 12,435,000 | 12,702,000 | 12,142,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,835,000 | 177,811,000 | 188,877,000 | 185,687,000 |
| Interest-bearing deposits | 155,916,000 | 163,652,000 | 176,641,000 | 175,006,000 |
| Noninterest-bearing deposits | 12,920,000 | 14,160,000 | 12,236,000 | 10,681,000 |
| Equity capital | 16,033,000 | 16,218,000 | 16,771,000 | 17,133,000 |
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 | 3,446,000 | 7,036,000 | 10,849,000 | 14,960,000 |
| Interest expense | 1,869,000 | 3,771,000 | 5,763,000 | 7,788,000 |
| Net interest income | 1,577,000 | 3,265,000 | 5,086,000 | 7,172,000 |
| Noninterest income | 356,000 | 680,000 | 988,000 | 1,295,000 |
| Noninterest expense | 1,310,000 | 2,606,000 | 4,017,000 | 5,595,000 |
| Provision for loan losses | 83,000 | 223,000 | 406,000 | 807,000 |
| Pretax income | 538,000 | 1,113,000 | 1,651,000 | 2,065,000 |
| Income tax | 148,000 | 333,000 | 503,000 | 631,000 |
| Net income | 390,000 | 780,000 | 1,148,000 | 1,434,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,048,000 | 16,437,000 | 16,813,000 | 17,107,000 |
| Total capital | 17,686,000 | 18,214,000 | 18,762,000 | 19,162,000 |
| Risk-weighted assets | 144,349,000 | 154,964,000 | 165,599,000 | 167,566,000 |