Call reports 2007
FIDELITY & TRUST BANK — 2007
What FIDELITY & TRUST 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 | 460,277,000 | 498,254,000 | 452,027,000 | 446,555,000 |
| Total loans | 323,416,000 | 358,614,000 | 311,092,000 | 331,300,000 |
| Allowance for loan losses | 2,460,000 | 2,515,000 | 2,737,000 | 3,195,000 |
| Securities available for sale | 87,006,000 | 93,429,000 | 87,206,000 | 88,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,933,000 | 330,782,000 | 363,062,000 | 366,180,000 |
| Interest-bearing deposits | 266,392,000 | 274,966,000 | 307,309,000 | 309,017,000 |
| Noninterest-bearing deposits | 58,541,000 | 55,816,000 | 55,753,000 | 57,163,000 |
| Equity capital | 35,297,000 | 33,130,000 | 29,859,000 | 24,855,000 |
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 | 8,084,000 | 16,338,000 | 25,021,000 | 33,136,000 |
| Interest expense | 4,356,000 | 8,764,000 | 13,455,000 | 17,541,000 |
| Net interest income | 3,728,000 | 7,574,000 | 11,566,000 | 15,595,000 |
| Noninterest income | 4,018,000 | 5,604,000 | 2,534,000 | -821,000 |
| Noninterest expense | 7,790,000 | 15,297,000 | 22,359,000 | 27,151,000 |
| Provision for loan losses | 343,000 | 743,000 | 1,147,000 | 1,861,000 |
| Pretax income | -387,000 | -2,862,000 | -9,406,000 | -14,238,000 |
| Income tax | -155,000 | -1,145,000 | -3,762,000 | -907,000 |
| Net income | -232,000 | -1,717,000 | -5,644,000 | -13,331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,559,000 | 34,074,000 | 30,147,000 | 24,510,000 |
| Total capital | 39,665,000 | 38,607,000 | 33,834,000 | 30,880,000 |
| Risk-weighted assets | 329,020,000 | 362,340,000 | 341,741,000 | 356,232,000 |