Call reports 2007
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2007
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 187,970,000 | 187,914,000 | 204,359,000 | 189,653,000 |
| Total loans | 99,800,000 | 98,702,000 | 92,247,000 | 87,558,000 |
| Allowance for loan losses | 925,000 | 767,000 | 788,000 | 949,000 |
| Securities available for sale | 72,555,000 | 62,319,000 | 76,746,000 | 77,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,155,000 | 166,845,000 | 182,581,000 | 167,300,000 |
| Interest-bearing deposits | 143,986,000 | 143,523,000 | 154,064,000 | 144,139,000 |
| Noninterest-bearing deposits | 20,169,000 | 23,322,000 | 28,517,000 | 23,161,000 |
| Equity capital | 20,221,000 | 19,240,000 | 19,869,000 | 20,644,000 |
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 | 2,488,000 | 5,064,000 | 7,736,000 | 10,810,000 |
| Interest expense | 1,289,000 | 2,602,000 | 3,912,000 | 5,080,000 |
| Net interest income | 1,199,000 | 2,462,000 | 3,824,000 | 5,730,000 |
| Noninterest income | 139,000 | 289,000 | 458,000 | 790,000 |
| Noninterest expense | 1,440,000 | 3,190,000 | 4,404,000 | 5,805,000 |
| Provision for loan losses | 60,000 | 760,000 | 800,000 | 1,200,000 |
| Pretax income | -158,000 | -1,191,000 | -914,000 | -438,000 |
| Income tax | -149,000 | -597,000 | -524,000 | -490,000 |
| Net income | -9,000 | -594,000 | -390,000 | 52,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,358,000 | 18,918,000 | 19,334,000 | 19,528,000 |
| Total capital | 21,283,000 | 19,685,000 | 20,122,000 | 20,477,000 |
| Risk-weighted assets | 116,915,000 | 112,739,000 | 113,832,000 | 111,009,000 |