Call reports 2007
MEDALLION BANK — 2007
What MEDALLION 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 | 309,915,000 | 323,075,000 | 332,129,000 | 362,444,000 |
| Total loans | 273,049,000 | 288,460,000 | 307,695,000 | 322,420,000 |
| Allowance for loan losses | 6,242,000 | 6,719,000 | 7,181,000 | 7,311,000 |
| Securities available for sale | 22,643,000 | 24,852,000 | 23,303,000 | 21,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,250,000 | 268,008,000 | 271,360,000 | 299,083,000 |
| Interest-bearing deposits | 256,250,000 | 268,008,000 | 271,360,000 | 299,083,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 48,516,000 | 48,870,000 | 50,182,000 | 54,893,000 |
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 | 8,266,000 | 17,403,000 | 26,948,000 | 36,886,000 |
| Interest expense | 3,098,000 | 6,421,000 | 9,999,000 | 13,804,000 |
| Net interest income | 5,168,000 | 10,982,000 | 16,949,000 | 23,082,000 |
| Noninterest income | 142,000 | 93,000 | 94,000 | 73,000 |
| Noninterest expense | 1,729,000 | 3,490,000 | 5,334,000 | 7,192,000 |
| Provision for loan losses | 994,000 | 1,797,000 | 3,382,000 | 5,178,000 |
| Pretax income | 2,587,000 | 5,788,000 | 8,327,000 | 10,785,000 |
| Income tax | 974,000 | 2,191,000 | 3,148,000 | 4,059,000 |
| Net income | 1,613,000 | 3,597,000 | 5,179,000 | 6,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,706,000 | 49,189,000 | 50,322,000 | 54,869,000 |
| Total capital | 52,293,000 | 52,978,000 | 54,318,000 | 59,109,000 |
| Risk-weighted assets | 284,276,000 | 300,175,000 | 316,502,000 | 336,103,000 |