Call reports 2007
FIRST NATIONAL BANK, CORTEZ — 2007
What FIRST NATIONAL BANK, CORTEZ 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 | 71,513,000 | 72,646,000 | 70,665,000 | 71,873,000 |
| Total loans | 23,197,000 | 23,621,000 | 24,507,000 | 26,018,000 |
| Allowance for loan losses | 304,000 | 303,000 | 307,000 | 304,000 |
| Securities available for sale | 43,512,000 | 41,436,000 | 40,659,000 | 39,119,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,648,000 | 60,027,000 | 57,831,000 | 58,360,000 |
| Interest-bearing deposits | 43,675,000 | 44,814,000 | 43,048,000 | 43,881,000 |
| Noninterest-bearing deposits | 14,973,000 | 15,213,000 | 14,783,000 | 14,479,000 |
| Equity capital | 7,005,000 | 6,726,000 | 6,952,000 | 6,556,000 |
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 | 974,000 | 1,932,000 | 2,923,000 | 3,911,000 |
| Interest expense | 374,000 | 755,000 | 1,139,000 | 1,504,000 |
| Net interest income | 600,000 | 1,177,000 | 1,784,000 | 2,407,000 |
| Noninterest income | 110,000 | 224,000 | 379,000 | 554,000 |
| Noninterest expense | 580,000 | 1,240,000 | 1,788,000 | 2,374,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 5,000 |
| Pretax income | 133,000 | 164,000 | 374,000 | 545,000 |
| Income tax | 3,000 | 6,000 | 0 | -36,000 |
| Net income | 130,000 | 158,000 | 374,000 | 581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,037,000 | 6,999,000 | 7,101,000 | 6,281,000 |
| Total capital | 7,341,000 | 7,302,000 | 7,408,000 | 6,585,000 |
| Risk-weighted assets | 33,052,000 | 33,169,000 | 32,973,000 | 32,942,000 |