Call reports 2007
BANK OF THE FEDERATED STATES OF MICRONESIA — 2007
What BANK OF THE FEDERATED STATES OF MICRONESIA 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 | 76,258,000 | 82,345,000 | 76,253,000 | 77,289,000 |
| Total loans | 27,760,000 | 26,917,000 | 28,264,000 | 30,680,000 |
| Allowance for loan losses | 1,381,000 | 1,426,000 | 1,399,000 | 1,368,000 |
| Securities available for sale | 31,871,000 | 31,575,000 | 33,358,000 | 29,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,634,000 | 68,081,000 | 61,278,000 | 61,818,000 |
| Interest-bearing deposits | 44,987,000 | 48,946,000 | 43,239,000 | 42,920,000 |
| Noninterest-bearing deposits | 16,647,000 | 19,135,000 | 18,039,000 | 18,898,000 |
| Equity capital | 14,005,000 | 13,644,000 | 14,243,000 | 14,821,000 |
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 | 1,276,000 | 2,617,000 | 4,014,000 | 5,366,000 |
| Interest expense | 237,000 | 479,000 | 723,000 | 964,000 |
| Net interest income | 1,039,000 | 2,138,000 | 3,291,000 | 4,402,000 |
| Noninterest income | 196,000 | 364,000 | 545,000 | 721,000 |
| Noninterest expense | 882,000 | 1,825,000 | 2,783,000 | 3,673,000 |
| Provision for loan losses | 45,000 | 90,000 | 145,000 | 220,000 |
| Pretax income | 308,000 | 587,000 | 908,000 | 1,230,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 308,000 | 587,000 | 908,000 | 1,230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,265,000 | 13,937,000 | 14,258,000 | 14,580,000 |
| Total capital | 14,751,000 | 14,434,000 | 14,708,000 | 15,099,000 |
| Risk-weighted assets | 37,982,000 | 38,822,000 | 35,014,000 | 40,686,000 |