Call reports 2007
BANK INDEPENDENT — 2007
What BANK INDEPENDENT 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 | 718,229,000 | 711,336,000 | 720,060,000 | 743,477,000 |
| Total loans | 445,057,000 | 475,655,000 | 499,903,000 | 539,241,000 |
| Allowance for loan losses | 4,383,000 | 4,553,000 | 4,487,000 | 4,626,000 |
| Securities available for sale | 167,926,000 | 141,540,000 | 127,685,000 | 107,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 610,387,000 | 605,466,000 | 611,495,000 | 610,651,000 |
| Interest-bearing deposits | 574,273,000 | 570,310,000 | 579,751,000 | 576,438,000 |
| Noninterest-bearing deposits | 36,114,000 | 35,156,000 | 31,744,000 | 34,213,000 |
| Equity capital | 87,106,000 | 84,561,000 | 85,837,000 | 86,636,000 |
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 | 10,202,000 | 20,879,000 | 31,859,000 | 43,434,000 |
| Interest expense | 3,604,000 | 7,271,000 | 10,936,000 | 14,634,000 |
| Net interest income | 6,598,000 | 13,608,000 | 20,923,000 | 28,800,000 |
| Noninterest income | 2,186,000 | 4,210,000 | 6,292,000 | 8,515,000 |
| Noninterest expense | 6,290,000 | 12,373,000 | 18,775,000 | 25,509,000 |
| Provision for loan losses | 270,000 | 540,000 | 810,000 | 1,080,000 |
| Pretax income | 2,224,000 | 4,905,000 | 7,630,000 | 10,726,000 |
| Income tax | 442,000 | 1,136,000 | 1,834,000 | 2,625,000 |
| Net income | 1,782,000 | 3,769,000 | 5,796,000 | 8,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,174,000 | 60,607,000 | 61,994,000 | 63,633,000 |
| Total capital | 66,557,000 | 65,160,000 | 66,481,000 | 68,259,000 |
| Risk-weighted assets | 498,065,000 | 516,285,000 | 543,625,000 | 587,650,000 |