Call reports 2007
PROSPECT BANK — 2007
What PROSPECT 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 | 185,997,000 | 183,756,000 | 184,052,000 | 186,836,000 |
| Total loans | 121,317,000 | 115,929,000 | 117,847,000 | 117,554,000 |
| Allowance for loan losses | 1,559,000 | 1,976,000 | 1,960,000 | 1,645,000 |
| Securities available for sale | 37,125,000 | 37,856,000 | 50,845,000 | 52,020,000 |
| Securities held to maturity | 721,000 | 720,000 | 720,000 | 60,000 |
| Trading assets | 11,636,000 | 11,607,000 | 0 | 0 |
| Total deposits | 160,634,000 | 158,752,000 | 147,954,000 | 157,854,000 |
| Interest-bearing deposits | 150,552,000 | 149,011,000 | 138,108,000 | 146,900,000 |
| Noninterest-bearing deposits | 10,082,000 | 9,741,000 | 9,846,000 | 10,954,000 |
| Equity capital | 17,246,000 | 17,012,000 | 18,290,000 | 19,100,000 |
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 | 3,012,000 | 5,871,000 | 8,783,000 | 11,733,000 |
| Interest expense | 1,670,000 | 3,304,000 | 4,948,000 | 6,557,000 |
| Net interest income | 1,342,000 | 2,567,000 | 3,835,000 | 5,176,000 |
| Noninterest income | 540,000 | 957,000 | 1,247,000 | 1,601,000 |
| Noninterest expense | 1,051,000 | 2,266,000 | 3,276,000 | 4,452,000 |
| Provision for loan losses | 20,000 | 20,000 | 20,000 | 0 |
| Pretax income | 815,000 | 1,166,000 | 1,710,000 | 2,211,000 |
| Income tax | 9,000 | 18,000 | 27,000 | 36,000 |
| Net income | 806,000 | 1,148,000 | 1,683,000 | 2,175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,915,000 | 16,953,000 | 17,265,000 | 17,554,000 |
| Total capital | 18,551,000 | 18,766,000 | 18,974,000 | 19,199,000 |
| Risk-weighted assets | 146,221,000 | 144,763,000 | 136,406,000 | 134,996,000 |