Call reports 2007
GEORGE WASHINGTON SAVINGS BANK — 2007
What GEORGE WASHINGTON SAVINGS 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 | 350,974,000 | 354,552,000 | 370,310,000 | 380,974,000 |
| Total loans | 247,099,000 | 281,286,000 | 299,812,000 | 311,822,000 |
| Allowance for loan losses | 4,679,000 | 4,239,000 | 4,555,000 | 4,951,000 |
| Securities available for sale | 43,468,000 | 44,635,000 | 41,976,000 | 37,965,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,112,000 | 297,472,000 | 303,820,000 | 308,717,000 |
| Interest-bearing deposits | 274,991,000 | 277,813,000 | 283,232,000 | 290,865,000 |
| Noninterest-bearing deposits | 18,121,000 | 19,659,000 | 20,588,000 | 17,852,000 |
| Equity capital | 37,749,000 | 39,110,000 | 40,227,000 | 40,201,000 |
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 | 6,426,000 | 13,498,000 | 20,596,000 | 27,489,000 |
| Interest expense | 2,914,000 | 5,969,000 | 9,150,000 | 12,451,000 |
| Net interest income | 3,512,000 | 7,529,000 | 11,446,000 | 15,038,000 |
| Noninterest income | 170,000 | 394,000 | 584,000 | 798,000 |
| Noninterest expense | 1,871,000 | 3,694,000 | 5,655,000 | 7,748,000 |
| Provision for loan losses | 225,000 | -225,000 | 75,000 | 425,000 |
| Pretax income | 1,586,000 | 4,454,000 | 6,298,000 | 7,661,000 |
| Income tax | 530,000 | 1,595,000 | 2,225,000 | 2,655,000 |
| Net income | 1,056,000 | 2,859,000 | 4,073,000 | 5,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,998,000 | 37,551,000 | 38,515,000 | 39,198,000 |
| Total capital | 41,066,000 | 43,033,000 | 44,188,000 | 44,384,000 |
| Risk-weighted assets | 299,866,000 | 331,668,000 | 349,958,000 | 355,233,000 |