Call reports 2007
SMARTBANK — 2007
What SMARTBANK 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 | 58,604,000 | 95,368,000 | 125,480,000 | 155,292,000 |
| Total loans | 30,743,000 | 71,272,000 | 92,165,000 | 126,149,000 |
| Allowance for loan losses | 386,000 | 891,000 | 1,152,000 | 1,577,000 |
| Securities available for sale | 9,248,000 | 15,652,000 | 18,953,000 | 17,676,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,703,000 | 77,277,000 | 102,550,000 | 126,736,000 |
| Interest-bearing deposits | 31,861,000 | 70,290,000 | 95,532,000 | 116,220,000 |
| Noninterest-bearing deposits | 4,843,000 | 6,987,000 | 7,018,000 | 10,516,000 |
| Equity capital | 18,228,000 | 17,506,000 | 17,265,000 | 16,819,000 |
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 | 498,000 | 1,741,000 | 3,638,000 | 5,951,000 |
| Interest expense | 167,000 | 755,000 | 1,781,000 | 3,032,000 |
| Net interest income | 331,000 | 986,000 | 1,857,000 | 2,919,000 |
| Noninterest income | 2,000 | 14,000 | 49,000 | 91,000 |
| Noninterest expense | 656,000 | 1,497,000 | 2,465,000 | 3,671,000 |
| Provision for loan losses | 386,000 | 891,000 | 1,152,000 | 1,577,000 |
| Pretax income | -709,000 | -1,388,000 | -1,711,000 | -2,238,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -709,000 | -1,388,000 | -1,711,000 | -2,238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,231,000 | 17,552,000 | 17,252,000 | 16,794,000 |
| Total capital | 18,617,000 | 18,443,000 | 18,404,000 | 18,371,000 |
| Risk-weighted assets | 41,894,000 | 84,615,000 | 107,486,000 | 133,452,000 |