Call reports 2007
LONE SUMMIT BANK — 2007
What LONE SUMMIT 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 | 18,884,000 | 21,209,000 | 20,210,000 | 19,899,000 |
| Total loans | 13,976,000 | 13,828,000 | 16,025,000 | 17,871,000 |
| Allowance for loan losses | 165,000 | 164,000 | 172,000 | 184,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,343,000 | 17,635,000 | 16,773,000 | 16,578,000 |
| Interest-bearing deposits | 14,024,000 | 15,579,000 | 14,995,000 | 15,478,000 |
| Noninterest-bearing deposits | 1,319,000 | 2,056,000 | 1,778,000 | 1,100,000 |
| Equity capital | 3,369,000 | 3,349,000 | 3,320,000 | 3,232,000 |
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 | 325,000 | 697,000 | 1,076,000 | 1,434,000 |
| Interest expense | 157,000 | 340,000 | 523,000 | 707,000 |
| Net interest income | 168,000 | 357,000 | 553,000 | 727,000 |
| Noninterest income | 2,000 | 3,000 | 8,000 | 11,000 |
| Noninterest expense | 219,000 | 429,000 | 659,000 | 922,000 |
| Provision for loan losses | 15,000 | 15,000 | 22,000 | 34,000 |
| Pretax income | -64,000 | -84,000 | -120,000 | -218,000 |
| Income tax | -10,000 | -10,000 | -17,000 | -27,000 |
| Net income | -54,000 | -74,000 | -103,000 | -191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,209,000 | 3,189,000 | 3,153,000 | 3,054,000 |
| Total capital | 3,373,000 | 3,353,000 | 3,325,000 | 3,238,000 |
| Risk-weighted assets | 16,039,000 | 16,147,000 | 17,692,000 | 18,967,000 |