Call reports 2007
PATRIOTS BANK — 2007
What PATRIOTS 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 | 83,819,000 | 87,597,000 | 92,928,000 | 97,207,000 |
| Total loans | 50,492,000 | 55,136,000 | 59,173,000 | 67,466,000 |
| Allowance for loan losses | 412,000 | 453,000 | 506,000 | 512,000 |
| Securities available for sale | 23,916,000 | 23,754,000 | 22,565,000 | 19,932,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,495,000 | 76,458,000 | 80,983,000 | 82,959,000 |
| Interest-bearing deposits | 67,994,000 | 68,028,000 | 71,311,000 | 72,756,000 |
| Noninterest-bearing deposits | 8,501,000 | 8,430,000 | 9,672,000 | 10,203,000 |
| Equity capital | 6,651,000 | 6,454,000 | 6,818,000 | 6,944,000 |
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 | 1,307,000 | 2,760,000 | 4,300,000 | 6,116,000 |
| Interest expense | 536,000 | 1,140,000 | 1,799,000 | 2,485,000 |
| Net interest income | 771,000 | 1,620,000 | 2,501,000 | 3,631,000 |
| Noninterest income | 222,000 | 521,000 | 732,000 | 849,000 |
| Noninterest expense | 720,000 | 1,482,000 | 2,329,000 | 3,422,000 |
| Provision for loan losses | 16,000 | 56,000 | 107,000 | 173,000 |
| Pretax income | 257,000 | 603,000 | 797,000 | 883,000 |
| Income tax | 6,000 | 20,000 | 30,000 | 32,000 |
| Net income | 251,000 | 583,000 | 767,000 | 851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,579,000 | 6,568,000 | 6,643,000 | 6,733,000 |
| Total capital | 6,991,000 | 7,021,000 | 7,149,000 | 7,245,000 |
| Risk-weighted assets | 55,573,000 | 59,555,000 | 62,881,000 | 69,994,000 |