Call reports 2007
PINELAND STATE BANK — 2007
What PINELAND STATE 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 | 72,000,000 | 70,943,000 | 70,543,000 | 70,131,000 |
| Total loans | 46,258,000 | 46,519,000 | 49,568,000 | 52,138,000 |
| Allowance for loan losses | 811,000 | 745,000 | 738,000 | 772,000 |
| Securities available for sale | 5,767,000 | 5,563,000 | 5,495,000 | 5,759,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,764,000 | 59,672,000 | 59,050,000 | 58,983,000 |
| Interest-bearing deposits | 55,146,000 | 54,743,000 | 53,754,000 | 52,613,000 |
| Noninterest-bearing deposits | 5,618,000 | 4,929,000 | 5,296,000 | 6,370,000 |
| Equity capital | 7,986,000 | 8,143,000 | 8,395,000 | 8,113,000 |
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 | 1,351,000 | 2,737,000 | 4,107,000 | 5,481,000 |
| Interest expense | 620,000 | 1,266,000 | 1,895,000 | 2,494,000 |
| Net interest income | 731,000 | 1,471,000 | 2,212,000 | 2,987,000 |
| Noninterest income | 169,000 | 315,000 | 482,000 | 634,000 |
| Noninterest expense | 586,000 | 1,244,000 | 1,858,000 | 2,525,000 |
| Provision for loan losses | 18,000 | -47,000 | -47,000 | 14,000 |
| Pretax income | 296,000 | 589,000 | 883,000 | 1,079,000 |
| Income tax | 104,000 | 209,000 | 305,000 | 352,000 |
| Net income | 192,000 | 380,000 | 578,000 | 727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,413,000 | 7,647,000 | 7,891,000 | 7,625,000 |
| Total capital | 8,036,000 | 8,281,000 | 8,545,000 | 8,304,000 |
| Risk-weighted assets | 49,689,000 | 50,579,000 | 52,240,000 | 54,211,000 |