Call reports 2007
HALIFAX NATIONAL BANK — 2007
What HALIFAX NATIONAL 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 | 78,335,000 | 77,604,000 | 78,120,000 | 80,047,000 |
| Total loans | 54,940,000 | 54,710,000 | 55,448,000 | 57,226,000 |
| Allowance for loan losses | 499,000 | 501,000 | 526,000 | 530,000 |
| Securities available for sale | 15,856,000 | 14,990,000 | 15,113,000 | 15,222,000 |
| Securities held to maturity | 34,000 | 31,000 | 29,000 | 28,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,478,000 | 67,125,000 | 67,322,000 | 68,064,000 |
| Interest-bearing deposits | 57,846,000 | 60,310,000 | 60,247,000 | 60,733,000 |
| Noninterest-bearing deposits | 6,632,000 | 6,815,000 | 7,075,000 | 7,331,000 |
| Equity capital | 10,060,000 | 9,996,000 | 10,221,000 | 10,244,000 |
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 | 1,150,000 | 2,297,000 | 3,476,000 | 4,665,000 |
| Interest expense | 590,000 | 1,175,000 | 1,771,000 | 2,369,000 |
| Net interest income | 560,000 | 1,122,000 | 1,705,000 | 2,296,000 |
| Noninterest income | 62,000 | 125,000 | 191,000 | 266,000 |
| Noninterest expense | 470,000 | 929,000 | 1,409,000 | 1,950,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 100,000 |
| Pretax income | 127,000 | 268,000 | 412,000 | 512,000 |
| Income tax | 11,000 | 17,000 | 35,000 | 30,000 |
| Net income | 116,000 | 251,000 | 377,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,153,000 | 10,254,000 | 10,536,000 | 10,487,000 |
| Total capital | 10,652,000 | 10,755,000 | 11,062,000 | 11,017,000 |
| Risk-weighted assets | 61,243,000 | 60,281,000 | 60,934,000 | 62,564,000 |