Call reports 2007
FIRST SERVICE BANK — 2007
What FIRST SERVICE 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 | 177,594,000 | 189,817,000 | 193,913,000 | 195,362,000 |
| Total loans | 136,301,000 | 149,938,000 | 161,981,000 | 164,534,000 |
| Allowance for loan losses | 2,468,000 | 2,591,000 | 2,702,000 | 2,830,000 |
| Securities available for sale | 16,276,000 | 13,292,000 | 7,479,000 | 5,056,000 |
| Securities held to maturity | 7,311,000 | 8,472,000 | 6,182,000 | 5,982,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,227,000 | 169,694,000 | 164,434,000 | 173,916,000 |
| Interest-bearing deposits | 135,474,000 | 148,516,000 | 144,166,000 | 152,630,000 |
| Noninterest-bearing deposits | 19,754,000 | 21,177,000 | 20,267,000 | 21,286,000 |
| Equity capital | 13,920,000 | 14,905,000 | 15,343,000 | 15,796,000 |
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 | 3,272,000 | 6,815,000 | 10,624,000 | 14,498,000 |
| Interest expense | 1,423,000 | 2,986,000 | 4,651,000 | 6,285,000 |
| Net interest income | 1,849,000 | 3,829,000 | 5,973,000 | 8,213,000 |
| Noninterest income | 641,000 | 1,366,000 | 2,133,000 | 2,919,000 |
| Noninterest expense | 1,910,000 | 3,742,000 | 5,805,000 | 8,045,000 |
| Provision for loan losses | 172,000 | 348,000 | 522,000 | 708,000 |
| Pretax income | 408,000 | 1,105,000 | 1,779,000 | 2,379,000 |
| Income tax | 138,000 | 383,000 | 627,000 | 756,000 |
| Net income | 270,000 | 722,000 | 1,152,000 | 1,623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,977,000 | 15,021,000 | 15,421,000 | 15,842,000 |
| Total capital | 15,713,000 | 16,910,000 | 17,425,000 | 17,773,000 |
| Risk-weighted assets | 138,507,000 | 150,406,000 | 159,791,000 | 162,622,000 |