Call reports 2007
1ST CHOICE BANK — 2007
What 1ST CHOICE 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 | 307,448,000 | 304,248,000 | 305,275,000 | 302,965,000 |
| Total loans | 180,474,000 | 189,893,000 | 192,166,000 | 192,787,000 |
| Allowance for loan losses | 2,063,000 | 2,054,000 | 2,064,000 | 2,094,000 |
| Securities available for sale | 45,338,000 | 51,937,000 | 52,837,000 | 53,318,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,762,000 | 277,132,000 | 276,114,000 | 273,836,000 |
| Interest-bearing deposits | 213,931,000 | 205,815,000 | 206,734,000 | 205,703,000 |
| Noninterest-bearing deposits | 66,831,000 | 71,317,000 | 69,380,000 | 68,133,000 |
| Equity capital | 25,077,000 | 25,823,000 | 27,641,000 | 27,391,000 |
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 | 5,054,000 | 10,330,000 | 15,740,000 | 21,017,000 |
| Interest expense | 2,182,000 | 4,417,000 | 6,704,000 | 8,983,000 |
| Net interest income | 2,872,000 | 5,913,000 | 9,036,000 | 12,034,000 |
| Noninterest income | 200,000 | 387,000 | 551,000 | 722,000 |
| Noninterest expense | 1,348,000 | 2,746,000 | 4,193,000 | 5,437,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 75,000 |
| Pretax income | 1,724,000 | 3,554,000 | 5,319,000 | 7,244,000 |
| Income tax | 587,000 | 1,212,000 | 1,815,000 | 2,467,000 |
| Net income | 1,137,000 | 2,342,000 | 3,504,000 | 4,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,508,000 | 26,713,000 | 27,876,000 | 27,356,000 |
| Total capital | 27,571,000 | 28,767,000 | 29,940,000 | 29,450,000 |
| Risk-weighted assets | 195,827,000 | 199,286,000 | 199,513,000 | 199,003,000 |