Call reports 2007
FIRST ASSOCIATIONS BANK — 2007
What FIRST ASSOCIATIONS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Total assets | 37,975,000 | 54,229,000 | 72,699,000 |
| Total loans | 400,000 | 968,000 | 582,000 |
| Allowance for loan losses | 2,000 | 8,000 | 13,000 |
| Securities available for sale | 27,672,000 | 49,290,000 | 61,548,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 23,804,000 | 35,251,000 | 56,639,000 |
| Interest-bearing deposits | 11,713,000 | 23,406,000 | 45,277,000 |
| Noninterest-bearing deposits | 12,091,000 | 11,845,000 | 11,362,000 |
| Equity capital | 14,097,000 | 14,866,000 | 15,871,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Interest income | 476,000 | 1,116,000 | 1,958,000 |
| Interest expense | 12,000 | 93,000 | 286,000 |
| Net interest income | 464,000 | 1,023,000 | 1,672,000 |
| Noninterest income | 0 | 1,000 | 4,000 |
| Noninterest expense | 538,000 | 932,000 | 1,355,000 |
| Provision for loan losses | 2,000 | 8,000 | 13,000 |
| Pretax income | -76,000 | 84,000 | 321,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -76,000 | 84,000 | 321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Tier 1 capital | 14,490,000 | 14,650,000 | 14,953,000 |
| Total capital | 14,492,000 | 14,658,000 | 14,966,000 |
| Risk-weighted assets | 7,965,000 | 13,595,000 | 15,657,000 |