Call reports 2007
FLORIDA BANK OF SARASOTA — 2007
What FLORIDA BANK OF SARASOTA 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 | 41,035,000 | 42,833,000 | 48,465,000 | 62,899,000 |
| Total loans | 3,714,000 | 21,338,000 | 28,497,000 | 54,004,000 |
| Allowance for loan losses | 46,000 | 267,000 | 353,000 | 673,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,405,000 | 23,513,000 | 29,497,000 | 44,375,000 |
| Interest-bearing deposits | 21,062,000 | 21,332,000 | 24,877,000 | 36,136,000 |
| Noninterest-bearing deposits | 343,000 | 2,180,000 | 4,620,000 | 8,239,000 |
| Equity capital | 19,465,000 | 18,970,000 | 18,664,000 | 18,256,000 |
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 | 508,000 | 1,040,000 | 1,723,000 | 2,494,000 |
| Interest expense | 264,000 | 484,000 | 772,000 | 1,108,000 |
| Net interest income | 244,000 | 556,000 | 951,000 | 1,386,000 |
| Noninterest income | 1,000 | 9,000 | 11,000 | 15,000 |
| Noninterest expense | 783,000 | 1,685,000 | 2,541,000 | 3,366,000 |
| Provision for loan losses | 29,000 | 250,000 | 336,000 | 656,000 |
| Pretax income | -567,000 | -1,370,000 | -1,915,000 | -2,621,000 |
| Income tax | -208,000 | -491,000 | -708,000 | -967,000 |
| Net income | -359,000 | -879,000 | -1,207,000 | -1,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,465,000 | 18,361,000 | 17,839,000 | 17,172,000 |
| Total capital | 19,511,000 | 18,628,000 | 18,192,000 | 17,845,000 |
| Risk-weighted assets | 14,698,000 | 34,347,000 | 42,112,000 | 66,803,000 |