Call reports 2007
RESOLUTE BANK — 2007
What RESOLUTE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Total assets | 12,524,000 | 19,726,000 |
| Total loans | 8,653,000 | 14,143,000 |
| Allowance for loan losses | 131,000 | 212,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 3,935,000 | 11,409,000 |
| Interest-bearing deposits | 2,349,000 | 9,843,000 |
| Noninterest-bearing deposits | 1,586,000 | 1,566,000 |
| Equity capital | 8,536,000 | 8,253,000 |
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 |
|---|---|---|
| Interest income | 170,000 | 407,000 |
| Interest expense | 18,000 | 72,000 |
| Net interest income | 152,000 | 335,000 |
| Noninterest income | 15,000 | 66,000 |
| Noninterest expense | 607,000 | 1,187,000 |
| Provision for loan losses | 81,000 | 162,000 |
| Pretax income | -521,000 | -948,000 |
| Income tax | -176,000 | -320,000 |
| Net income | -345,000 | -628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Tier 1 capital | 8,043,000 | 7,616,000 |
| Total capital | 8,174,000 | 7,828,000 |
| Risk-weighted assets | 10,789,000 | 17,721,000 |