Call reports 2007
ALTERRA BANK — 2007
What ALTERRA 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 | 100,537,000 | 109,886,000 | 107,524,000 | 110,679,000 |
| Total loans | 84,698,000 | 89,494,000 | 93,838,000 | 97,259,000 |
| Allowance for loan losses | 554,000 | 739,000 | 799,000 | 982,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,292,000 | 5,288,000 | 5,278,000 | 5,301,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,948,000 | 87,053,000 | 87,397,000 | 87,087,000 |
| Interest-bearing deposits | 74,362,000 | 77,798,000 | 76,551,000 | 77,026,000 |
| Noninterest-bearing deposits | 9,586,000 | 9,255,000 | 10,846,000 | 10,061,000 |
| Equity capital | 10,199,000 | 10,430,000 | 10,649,000 | 10,768,000 |
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 | 1,892,000 | 3,930,000 | 6,029,000 | 8,159,000 |
| Interest expense | 913,000 | 1,937,000 | 3,013,000 | 4,099,000 |
| Net interest income | 979,000 | 1,993,000 | 3,016,000 | 4,060,000 |
| Noninterest income | 155,000 | 277,000 | 387,000 | 518,000 |
| Noninterest expense | 737,000 | 1,436,000 | 2,099,000 | 2,819,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 400,000 |
| Pretax income | 337,000 | 714,000 | 1,124,000 | 1,359,000 |
| Income tax | 86,000 | 194,000 | 348,000 | 426,000 |
| Net income | 251,000 | 520,000 | 776,000 | 933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,373,000 | 8,604,000 | 8,828,000 | 8,949,000 |
| Total capital | 8,927,000 | 9,343,000 | 9,627,000 | 9,931,000 |
| Risk-weighted assets | 81,589,000 | 87,564,000 | 90,183,000 | 93,509,000 |