Call reports 2007

FIRST COVENANT BANK — 2007

Name: FIRST COVENANT BANK — FFIEC call report 2007
Creator: FIRST COVENANT BANK

What FIRST COVENANT BANK reported to the FFIEC in 2007, quarter by quarter.

PERIOD: 2007SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/d94ace99-84e0-4ba9-8efb-1587e1bb69db/2007

Balance sheet

What the bank holds and owes at quarter end

Measure	2007Q1	2007Q2	2007Q3	2007Q4
Total assets	65,004,000	177,867,000	179,382,000	179,315,000
Total loans	47,220,000	104,599,000	115,822,000	121,827,000
Allowance for loan losses	474,000	1,309,000	1,599,000	2,251,000
Securities available for sale	0	9,374,000	16,269,000	38,732,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	49,779,000	152,062,000	154,222,000	148,094,000
Interest-bearing deposits	40,148,000	139,363,000	138,657,000	133,415,000
Noninterest-bearing deposits	9,631,000	12,699,000	15,565,000	14,679,000
Equity capital	15,051,000	23,840,000	23,043,000	21,743,000

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	1,110,000	2,607,000	5,484,000	8,363,000
Interest expense	505,000	1,133,000	2,748,000	4,226,000
Net interest income	605,000	1,474,000	2,736,000	4,137,000
Noninterest income	0	5,000	224,000	435,000
Noninterest expense	827,000	2,173,000	4,447,000	7,030,000
Provision for loan losses	145,000	372,000	554,000	1,226,000
Pretax income	-367,000	-1,066,000	-2,041,000	-3,684,000
Income tax	0	0	0	0
Net income	-367,000	-1,066,000	-2,041,000	-3,684,000

Basel measures — not reported for every quarter

Measure	2007Q1	2007Q2	2007Q3	2007Q4
Tier 1 capital	15,051,000	17,814,000	16,623,000	14,789,000
Total capital	15,525,000	19,123,000	18,222,000	16,590,000
Risk-weighted assets	63,648,000	138,630,000	138,178,000	143,580,000