Call reports 2007
FOUNDATION BANK — 2007
What FOUNDATION 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 | 89,263,000 | 94,655,000 | 96,314,000 | 101,782,000 |
| Total loans | 43,580,000 | 50,945,000 | 53,017,000 | 54,509,000 |
| Allowance for loan losses | 1,123,000 | 1,139,000 | 998,000 | 1,018,000 |
| Securities available for sale | 4,229,000 | 4,176,000 | 4,098,000 | 3,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,854,000 | 82,899,000 | 84,114,000 | 89,270,000 |
| Interest-bearing deposits | 64,556,000 | 68,010,000 | 70,028,000 | 75,120,000 |
| Noninterest-bearing deposits | 13,298,000 | 14,889,000 | 14,086,000 | 14,150,000 |
| Equity capital | 10,883,000 | 11,159,000 | 11,481,000 | 11,813,000 |
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 | 1,736,000 | 3,505,000 | 5,317,000 | 7,202,000 |
| Interest expense | 524,000 | 1,090,000 | 1,708,000 | 2,380,000 |
| Net interest income | 1,212,000 | 2,415,000 | 3,609,000 | 4,822,000 |
| Noninterest income | 566,000 | 1,005,000 | 1,509,000 | 2,248,000 |
| Noninterest expense | 966,000 | 2,145,000 | 3,245,000 | 4,621,000 |
| Provision for loan losses | 16,000 | 20,000 | 121,000 | 173,000 |
| Pretax income | 796,000 | 1,255,000 | 1,752,000 | 2,276,000 |
| Income tax | 292,000 | 466,000 | 640,000 | 831,000 |
| Net income | 504,000 | 789,000 | 1,112,000 | 1,445,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,855,000 | 11,140,000 | 11,463,000 | 11,796,000 |
| Total capital | 11,476,000 | 11,848,000 | 12,195,000 | 12,546,000 |
| Risk-weighted assets | 49,165,000 | 56,184,000 | 58,353,000 | 59,732,000 |