Call reports 2007
MIRAE BANK — 2007
What MIRAE 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 | 366,306,000 | 385,839,000 | 409,345,000 | 425,022,000 |
| Total loans | 309,482,000 | 328,943,000 | 333,819,000 | 350,800,000 |
| Allowance for loan losses | 3,583,000 | 3,592,000 | 4,042,000 | 5,581,000 |
| Securities available for sale | 40,430,000 | 37,005,000 | 29,108,000 | 55,112,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,756,000 | 331,497,000 | 348,816,000 | 335,738,000 |
| Interest-bearing deposits | 272,316,000 | 287,184,000 | 299,356,000 | 285,999,000 |
| Noninterest-bearing deposits | 42,440,000 | 44,313,000 | 49,460,000 | 49,739,000 |
| Equity capital | 45,544,000 | 46,333,000 | 47,006,000 | 46,788,000 |
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 | 7,563,000 | 15,581,000 | 24,053,000 | 32,430,000 |
| Interest expense | 3,637,000 | 7,383,000 | 11,327,000 | 15,368,000 |
| Net interest income | 3,926,000 | 8,198,000 | 12,726,000 | 17,062,000 |
| Noninterest income | 1,442,000 | 3,047,000 | 4,934,000 | 5,875,000 |
| Noninterest expense | 3,233,000 | 7,086,000 | 11,518,000 | 15,723,000 |
| Provision for loan losses | 750,000 | 1,524,000 | 2,750,000 | 4,775,000 |
| Pretax income | 1,385,000 | 2,635,000 | 3,497,000 | 2,693,000 |
| Income tax | 570,000 | 1,055,000 | 1,400,000 | 1,095,000 |
| Net income | 815,000 | 1,580,000 | 2,097,000 | 1,598,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,369,000 | 46,302,000 | 46,958,000 | 46,614,000 |
| Total capital | 48,952,000 | 49,895,000 | 51,000,000 | 51,353,000 |
| Risk-weighted assets | 314,858,000 | 339,427,000 | 363,706,000 | 378,159,000 |