Call reports 2007
BAC COMMUNITY BANK — 2007
What BAC COMMUNITY 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 | 419,899,000 | 430,990,000 | 421,322,000 | 413,621,000 |
| Total loans | 299,257,000 | 313,674,000 | 310,125,000 | 311,234,000 |
| Allowance for loan losses | 1,945,000 | 2,985,000 | 2,929,000 | 2,876,000 |
| Securities available for sale | 87,405,000 | 83,614,000 | 79,366,000 | 70,358,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 354,627,000 | 369,754,000 | 353,576,000 | 339,311,000 |
| Interest-bearing deposits | 317,435,000 | 333,838,000 | 325,017,000 | 224,093,000 |
| Noninterest-bearing deposits | 37,192,000 | 35,916,000 | 28,559,000 | 115,218,000 |
| Equity capital | 34,578,000 | 34,386,000 | 36,558,000 | 37,985,000 |
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 | 6,394,000 | 13,030,000 | 19,753,000 | 26,156,000 |
| Interest expense | 2,015,000 | 4,152,000 | 6,194,000 | 8,022,000 |
| Net interest income | 4,379,000 | 8,878,000 | 13,559,000 | 18,134,000 |
| Noninterest income | 828,000 | 1,620,000 | 2,325,000 | 3,100,000 |
| Noninterest expense | 3,418,000 | 7,031,000 | 10,416,000 | 14,049,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,789,000 | 3,467,000 | 5,462,000 | 7,180,000 |
| Income tax | 61,000 | 117,000 | 188,000 | 246,000 |
| Net income | 1,728,000 | 3,350,000 | 5,274,000 | 6,934,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,028,000 | 34,783,000 | 35,842,000 | 36,635,000 |
| Total capital | 36,173,000 | 37,968,000 | 38,970,000 | 39,711,000 |
| Risk-weighted assets | 346,161,000 | 359,421,000 | 353,724,000 | 351,726,000 |