Call reports 2007
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2007
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 182,590,000 | 177,874,000 | 179,365,000 | 174,246,000 |
| Total loans | 102,958,000 | 101,117,000 | 102,874,000 | 107,696,000 |
| Allowance for loan losses | 1,644,000 | 1,644,000 | 1,644,000 | 1,644,000 |
| Securities available for sale | 68,126,000 | 62,425,000 | 58,458,000 | 56,611,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,755,000 | 141,413,000 | 147,826,000 | 141,992,000 |
| Interest-bearing deposits | 112,136,000 | 112,170,000 | 124,423,000 | 114,872,000 |
| Noninterest-bearing deposits | 23,619,000 | 29,243,000 | 23,404,000 | 27,120,000 |
| Equity capital | 20,235,000 | 19,215,000 | 20,320,000 | 21,451,000 |
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 | 3,084,000 | 6,133,000 | 9,256,000 | 12,289,000 |
| Interest expense | 1,563,000 | 3,055,000 | 4,521,000 | 5,828,000 |
| Net interest income | 1,521,000 | 3,078,000 | 4,735,000 | 6,461,000 |
| Noninterest income | 190,000 | 372,000 | 595,000 | 811,000 |
| Noninterest expense | 1,282,000 | 2,623,000 | 3,919,000 | 5,188,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 429,000 | 834,000 | 1,424,000 | 2,111,000 |
| Income tax | 12,000 | 24,000 | 36,000 | 48,000 |
| Net income | 417,000 | 810,000 | 1,388,000 | 2,063,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,208,000 | 17,301,000 | 17,580,000 | 18,254,000 |
| Total capital | 18,755,000 | 18,824,000 | 19,133,000 | 19,829,000 |
| Risk-weighted assets | 123,567,000 | 121,655,000 | 124,065,000 | 125,997,000 |