Call reports 2007
MORRIS COUNTY NATIONAL BANK — 2007
What MORRIS COUNTY 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 | 81,561,000 | 78,745,000 | 81,643,000 | 79,774,000 |
| Total loans | 52,987,000 | 52,722,000 | 51,044,000 | 47,194,000 |
| Allowance for loan losses | 727,000 | 763,000 | 754,000 | 726,000 |
| Securities available for sale | 19,036,000 | 19,672,000 | 19,546,000 | 20,802,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,891,000 | 72,316,000 | 74,920,000 | 73,336,000 |
| Interest-bearing deposits | 67,356,000 | 64,904,000 | 66,910,000 | 65,801,000 |
| Noninterest-bearing deposits | 7,535,000 | 7,412,000 | 8,010,000 | 7,535,000 |
| Equity capital | 6,265,000 | 5,994,000 | 6,270,000 | 5,971,000 |
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 | 1,359,000 | 2,717,000 | 4,084,000 | 5,390,000 |
| Interest expense | 598,000 | 1,204,000 | 1,798,000 | 2,398,000 |
| Net interest income | 761,000 | 1,513,000 | 2,286,000 | 2,992,000 |
| Noninterest income | 184,000 | 353,000 | 533,000 | 727,000 |
| Noninterest expense | 677,000 | 1,317,000 | 1,959,000 | 2,707,000 |
| Provision for loan losses | 63,000 | 156,000 | 296,000 | 994,000 |
| Pretax income | 205,000 | 389,000 | 560,000 | 22,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 205,000 | 389,000 | 560,000 | 22,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,436,000 | 6,431,000 | 6,442,000 | 5,953,000 |
| Total capital | 7,163,000 | 7,164,000 | 7,168,000 | 6,636,000 |
| Risk-weighted assets | 58,830,000 | 58,571,000 | 58,064,000 | 54,574,000 |