Call reports 2007
FIRST RELIANCE BANK — 2007
What FIRST RELIANCE 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 | 483,800,000 | 508,916,000 | 523,966,000 | 591,458,000 |
| Total loans | 384,886,000 | 410,858,000 | 443,394,000 | 487,736,000 |
| Allowance for loan losses | 4,134,000 | 4,458,000 | 4,736,000 | 5,271,000 |
| Securities available for sale | 35,322,000 | 34,101,000 | 33,809,000 | 58,329,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 410,064,000 | 425,842,000 | 441,496,000 | 450,038,000 |
| Interest-bearing deposits | 358,059,000 | 379,597,000 | 397,910,000 | 405,955,000 |
| Noninterest-bearing deposits | 52,005,000 | 46,245,000 | 43,586,000 | 44,083,000 |
| Equity capital | 43,257,000 | 43,851,000 | 44,805,000 | 48,531,000 |
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 | 8,416,000 | 17,725,000 | 27,427,000 | 37,523,000 |
| Interest expense | 3,896,000 | 8,421,000 | 13,312,000 | 17,929,000 |
| Net interest income | 4,520,000 | 9,304,000 | 14,115,000 | 19,594,000 |
| Noninterest income | 1,192,000 | 2,611,000 | 3,876,000 | 5,294,000 |
| Noninterest expense | 4,436,000 | 8,816,000 | 13,353,000 | 18,614,000 |
| Provision for loan losses | 135,000 | 461,000 | 869,000 | 1,643,000 |
| Pretax income | 1,142,000 | 2,641,000 | 3,772,000 | 4,634,000 |
| Income tax | 302,000 | 746,000 | 1,156,000 | 1,521,000 |
| Net income | 840,000 | 1,895,000 | 2,616,000 | 3,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,280,000 | 44,336,000 | 45,058,000 | 48,554,000 |
| Total capital | 47,414,000 | 48,794,000 | 49,794,000 | 53,825,000 |
| Risk-weighted assets | 411,001,000 | 437,149,000 | 462,740,000 | 510,961,000 |