Call reports 2007
SHOREBANK — 2007
What SHOREBANK 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 | 2,064,150,000 | 2,062,517,000 | 2,182,639,000 | 2,205,770,000 |
| Total loans | 1,273,919,000 | 1,299,089,000 | 1,328,005,000 | 1,354,681,000 |
| Allowance for loan losses | 14,025,000 | 13,551,000 | 11,969,000 | 12,731,000 |
| Securities available for sale | 587,142,000 | 531,089,000 | 545,233,000 | 552,581,000 |
| Securities held to maturity | 28,196,000 | 28,391,000 | 22,914,000 | 22,984,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,318,088,000 | 1,291,115,000 | 1,306,439,000 | 1,327,302,000 |
| Interest-bearing deposits | 1,280,128,000 | 1,247,405,000 | 1,264,544,000 | 1,291,850,000 |
| Noninterest-bearing deposits | 37,960,000 | 43,710,000 | 41,895,000 | 35,452,000 |
| Equity capital | 140,479,000 | 138,879,000 | 143,052,000 | 144,945,000 |
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 | 32,138,000 | 65,619,000 | 99,691,000 | 134,556,000 |
| Interest expense | 18,567,000 | 37,786,000 | 57,899,000 | 78,496,000 |
| Net interest income | 13,571,000 | 27,833,000 | 41,792,000 | 56,060,000 |
| Noninterest income | 2,175,000 | 4,081,000 | 6,023,000 | 7,620,000 |
| Noninterest expense | 10,207,000 | 20,359,000 | 30,421,000 | 40,589,000 |
| Provision for loan losses | 900,000 | 1,800,000 | 2,900,000 | 6,000,000 |
| Pretax income | 4,302,000 | 8,941,000 | 12,815,000 | 15,458,000 |
| Income tax | 1,335,000 | 2,677,000 | 3,709,000 | 4,300,000 |
| Net income | 2,967,000 | 6,264,000 | 9,106,000 | 11,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,789,000 | 130,250,000 | 131,645,000 | 131,733,000 |
| Total capital | 142,814,000 | 143,801,000 | 143,612,000 | 144,464,000 |
| Risk-weighted assets | 1,371,343,000 | 1,347,403,000 | 1,360,760,000 | 1,363,157,000 |