Call reports 2007
SOLUTIONSBANK — 2007
What SOLUTIONSBANK 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 | 283,249,000 | 288,696,000 | 310,489,000 | 362,884,000 |
| Total loans | 232,088,000 | 256,153,000 | 279,808,000 | 317,025,000 |
| Allowance for loan losses | 3,410,000 | 3,608,000 | 3,694,000 | 3,551,000 |
| Securities available for sale | 12,523,000 | 12,081,000 | 11,302,000 | 10,465,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,043,000 | 235,041,000 | 255,693,000 | 287,135,000 |
| Interest-bearing deposits | 209,317,000 | 213,633,000 | 235,241,000 | 260,362,000 |
| Noninterest-bearing deposits | 20,726,000 | 21,408,000 | 20,452,000 | 26,773,000 |
| Equity capital | 25,225,000 | 27,513,000 | 28,844,000 | 33,596,000 |
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 | 5,391,000 | 11,281,000 | 17,560,000 | 23,976,000 |
| Interest expense | 2,508,000 | 5,068,000 | 8,080,000 | 11,144,000 |
| Net interest income | 2,883,000 | 6,213,000 | 9,480,000 | 12,832,000 |
| Noninterest income | 294,000 | 594,000 | 749,000 | 1,127,000 |
| Noninterest expense | 2,009,000 | 4,202,000 | 6,317,000 | 8,853,000 |
| Provision for loan losses | 240,000 | 440,000 | 560,000 | 600,000 |
| Pretax income | 928,000 | 2,165,000 | 3,352,000 | 4,506,000 |
| Income tax | 353,000 | 830,000 | 1,276,000 | 1,611,000 |
| Net income | 575,000 | 1,335,000 | 2,076,000 | 2,895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,097,000 | 24,489,000 | 25,760,000 | 30,460,000 |
| Total capital | 25,102,000 | 27,721,000 | 29,348,000 | 34,211,000 |
| Risk-weighted assets | 239,981,000 | 258,186,000 | 286,964,000 | 324,027,000 |