Call reports 2007
FOUNDERS COMMUNITY BANK — 2007
What FOUNDERS COMMUNITY 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 | 73,726,000 | 75,097,000 | 81,262,000 | 84,258,000 |
| Total loans | 57,757,000 | 60,773,000 | 67,106,000 | 72,636,000 |
| Allowance for loan losses | 725,000 | 800,000 | 839,000 | 910,000 |
| Securities available for sale | 2,994,000 | 2,498,000 | 1,500,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,962,000 | 64,018,000 | 69,857,000 | 70,706,000 |
| Interest-bearing deposits | 44,940,000 | 46,562,000 | 53,343,000 | 53,148,000 |
| Noninterest-bearing deposits | 18,022,000 | 17,456,000 | 16,514,000 | 17,558,000 |
| Equity capital | 10,649,000 | 10,904,000 | 11,200,000 | 11,325,000 |
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 | 1,388,000 | 2,860,000 | 4,457,000 | 6,077,000 |
| Interest expense | 440,000 | 878,000 | 1,423,000 | 1,935,000 |
| Net interest income | 948,000 | 1,982,000 | 3,034,000 | 4,142,000 |
| Noninterest income | 57,000 | 106,000 | 145,000 | 189,000 |
| Noninterest expense | 791,000 | 1,623,000 | 2,398,000 | 3,240,000 |
| Provision for loan losses | 54,000 | 129,000 | 168,000 | 239,000 |
| Pretax income | 160,000 | 336,000 | 613,000 | 852,000 |
| Income tax | 0 | 1,000 | 1,000 | 76,000 |
| Net income | 160,000 | 335,000 | 612,000 | 776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,654,000 | 10,905,000 | 11,199,000 | 11,325,000 |
| Total capital | 11,391,000 | 11,717,000 | 12,051,000 | 12,250,000 |
| Risk-weighted assets | 66,292,000 | 70,206,000 | 75,152,000 | 79,780,000 |