Call reports 2007
GREER STATE BANK — 2007
What GREER STATE 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 | 359,620,000 | 350,210,000 | 356,234,000 | 387,797,000 |
| Total loans | 246,357,000 | 246,902,000 | 256,554,000 | 263,011,000 |
| Allowance for loan losses | 1,941,000 | 2,117,000 | 2,155,000 | 2,233,000 |
| Securities available for sale | 58,813,000 | 56,454,000 | 55,680,000 | 79,541,000 |
| Securities held to maturity | 22,587,000 | 21,418,000 | 20,427,000 | 19,586,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,480,000 | 237,330,000 | 228,864,000 | 244,608,000 |
| Interest-bearing deposits | 215,256,000 | 202,702,000 | 197,397,000 | 214,196,000 |
| Noninterest-bearing deposits | 35,224,000 | 34,627,000 | 31,467,000 | 30,412,000 |
| Equity capital | 32,888,000 | 32,087,000 | 33,172,000 | 33,959,000 |
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 | 6,158,000 | 12,361,000 | 18,729,000 | 25,105,000 |
| Interest expense | 2,898,000 | 5,797,000 | 8,802,000 | 11,920,000 |
| Net interest income | 3,260,000 | 6,564,000 | 9,927,000 | 13,185,000 |
| Noninterest income | 590,000 | 1,240,000 | 1,849,000 | 2,500,000 |
| Noninterest expense | 2,497,000 | 4,686,000 | 7,086,000 | 9,435,000 |
| Provision for loan losses | 190,000 | 1,649,000 | 1,679,000 | 1,811,000 |
| Pretax income | 1,163,000 | 1,469,000 | 3,011,000 | 4,439,000 |
| Income tax | 310,000 | 341,000 | 815,000 | 1,249,000 |
| Net income | 853,000 | 1,128,000 | 2,196,000 | 3,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,936,000 | 32,826,000 | 33,402,000 | 33,802,000 |
| Total capital | 34,877,000 | 34,943,000 | 35,557,000 | 36,035,000 |
| Risk-weighted assets | 276,226,000 | 274,544,000 | 284,380,000 | 304,207,000 |