Call reports 2007
FIRST NATIONAL BANK OF SOUTH PADRE ISLAND — 2007
What FIRST NATIONAL BANK OF SOUTH PADRE ISLAND 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 | 51,044,000 | 53,339,000 | 57,034,000 | 54,500,000 |
| Total loans | 22,013,000 | 21,197,000 | 21,824,000 | 22,384,000 |
| Allowance for loan losses | 181,000 | 182,000 | 182,000 | 155,000 |
| Securities available for sale | 21,982,000 | 21,716,000 | 25,644,000 | 26,384,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,570,000 | 49,974,000 | 53,247,000 | 50,131,000 |
| Interest-bearing deposits | 36,414,000 | 36,252,000 | 42,413,000 | 41,439,000 |
| Noninterest-bearing deposits | 11,157,000 | 13,722,000 | 10,834,000 | 8,692,000 |
| Equity capital | 3,436,000 | 3,315,000 | 3,724,000 | 4,342,000 |
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 | 823,000 | 1,644,000 | 2,545,000 | 3,424,000 |
| Interest expense | 286,000 | 578,000 | 904,000 | 1,234,000 |
| Net interest income | 537,000 | 1,066,000 | 1,641,000 | 2,190,000 |
| Noninterest income | 52,000 | 105,000 | 158,000 | 205,000 |
| Noninterest expense | 350,000 | 703,000 | 1,055,000 | 1,399,000 |
| Provision for loan losses | 0 | 1,000 | 1,000 | 4,000 |
| Pretax income | 239,000 | 467,000 | 743,000 | 992,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 239,000 | 467,000 | 743,000 | 992,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,905,000 | 4,133,000 | 4,059,000 | 4,309,000 |
| Total capital | 4,086,000 | 4,315,000 | 4,241,000 | 4,464,000 |
| Risk-weighted assets | 25,693,000 | 26,091,000 | 26,541,000 | 26,272,000 |