Call reports 2007
FLAGSHIP NATIONAL BANK — 2007
What FLAGSHIP NATIONAL 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 | 205,842,000 | 226,028,000 | 207,285,000 | 221,463,000 |
| Total loans | 147,144,000 | 155,399,000 | 160,865,000 | 163,130,000 |
| Allowance for loan losses | 1,956,000 | 2,199,000 | 2,430,000 | 2,028,000 |
| Securities available for sale | 29,430,000 | 31,967,000 | 32,461,000 | 32,499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,578,000 | 205,834,000 | 178,043,000 | 192,051,000 |
| Interest-bearing deposits | 164,496,000 | 183,168,000 | 163,376,000 | 178,782,000 |
| Noninterest-bearing deposits | 15,082,000 | 22,666,000 | 14,667,000 | 13,268,000 |
| Equity capital | 16,613,000 | 16,459,000 | 17,392,000 | 17,761,000 |
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 | 3,396,000 | 7,030,000 | 10,755,000 | 14,324,000 |
| Interest expense | 2,020,000 | 4,205,000 | 6,429,000 | 8,629,000 |
| Net interest income | 1,376,000 | 2,825,000 | 4,326,000 | 5,695,000 |
| Noninterest income | 75,000 | 157,000 | 274,000 | 322,000 |
| Noninterest expense | 870,000 | 1,711,000 | 2,634,000 | 3,298,000 |
| Provision for loan losses | 289,000 | 538,000 | 775,000 | 1,550,000 |
| Pretax income | 292,000 | 590,000 | 1,048,000 | 1,026,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 292,000 | 590,000 | 1,048,000 | 1,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,140,000 | 17,438,000 | 17,896,000 | 17,909,000 |
| Total capital | 19,010,000 | 19,523,000 | 19,951,000 | 19,937,000 |
| Risk-weighted assets | 149,542,000 | 166,687,000 | 164,013,000 | 169,986,000 |