Call reports 2007
WEST IOWA BANK — 2007
What WEST IOWA 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 | 66,302,000 | 65,933,000 | 70,105,000 | 76,833,000 |
| Total loans | 43,810,000 | 45,906,000 | 46,367,000 | 44,048,000 |
| Allowance for loan losses | 620,000 | 629,000 | 641,000 | 652,000 |
| Securities available for sale | 17,323,000 | 14,754,000 | 17,187,000 | 19,401,000 |
| Securities held to maturity | 671,000 | 381,000 | 336,000 | 331,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,731,000 | 55,579,000 | 59,226,000 | 65,760,000 |
| Interest-bearing deposits | 48,361,000 | 49,252,000 | 51,335,000 | 56,226,000 |
| Noninterest-bearing deposits | 7,370,000 | 6,327,000 | 7,891,000 | 9,534,000 |
| Equity capital | 6,962,000 | 6,764,000 | 7,105,000 | 7,378,000 |
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 | 1,052,000 | 2,129,000 | 3,258,000 | 4,405,000 |
| Interest expense | 474,000 | 972,000 | 1,497,000 | 2,030,000 |
| Net interest income | 578,000 | 1,157,000 | 1,761,000 | 2,375,000 |
| Noninterest income | 61,000 | 129,000 | 205,000 | 274,000 |
| Noninterest expense | 371,000 | 764,000 | 1,150,000 | 1,566,000 |
| Provision for loan losses | 6,000 | 14,000 | 21,000 | 41,000 |
| Pretax income | 264,000 | 510,000 | 797,000 | 1,044,000 |
| Income tax | 77,000 | 148,000 | 236,000 | 311,000 |
| Net income | 187,000 | 362,000 | 561,000 | 733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,920,000 | 6,868,000 | 7,072,000 | 7,248,000 |
| Total capital | 7,540,000 | 7,497,000 | 7,713,000 | 7,900,000 |
| Risk-weighted assets | 50,031,000 | 51,011,000 | 52,681,000 | 54,753,000 |