Call reports 2007
PRIME BANK — 2007
What PRIME 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 | 38,882,000 | 43,179,000 | 44,798,000 | 45,975,000 |
| Total loans | 23,250,000 | 24,280,000 | 24,802,000 | 25,198,000 |
| Allowance for loan losses | 433,000 | 360,000 | 360,000 | 302,000 |
| Securities available for sale | 13,947,000 | 13,133,000 | 14,272,000 | 14,244,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,088,000 | 35,626,000 | 37,011,000 | 38,337,000 |
| Interest-bearing deposits | 25,926,000 | 29,178,000 | 32,564,000 | 32,340,000 |
| Noninterest-bearing deposits | 4,162,000 | 6,448,000 | 4,447,000 | 5,997,000 |
| Equity capital | 7,398,000 | 7,449,000 | 7,656,000 | 7,558,000 |
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 | 738,000 | 1,487,000 | 2,292,000 | 3,083,000 |
| Interest expense | 292,000 | 602,000 | 957,000 | 1,324,000 |
| Net interest income | 446,000 | 885,000 | 1,335,000 | 1,759,000 |
| Noninterest income | 40,000 | 83,000 | 126,000 | 173,000 |
| Noninterest expense | 317,000 | 644,000 | 949,000 | 1,273,000 |
| Provision for loan losses | -40,000 | -115,000 | -115,000 | -173,000 |
| Pretax income | 209,000 | 439,000 | 627,000 | 832,000 |
| Income tax | 73,000 | 156,000 | 217,000 | 285,000 |
| Net income | 136,000 | 283,000 | 410,000 | 547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,462,000 | 7,602,000 | 7,732,000 | 7,597,000 |
| Total capital | 7,785,000 | 7,942,000 | 8,081,000 | 7,899,000 |
| Risk-weighted assets | 25,352,000 | 27,168,000 | 28,007,000 | 28,210,000 |