Call reports 2007
FORTUNE BANK — 2007
What FORTUNE 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 | 28,922,000 | 39,616,000 | 41,259,000 | 53,192,000 |
| Total loans | 13,437,000 | 21,506,000 | 30,548,000 | 36,481,000 |
| Allowance for loan losses | 180,000 | 315,000 | 433,000 | 550,000 |
| Securities available for sale | 6,924,000 | 6,177,000 | 6,219,000 | 5,004,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,951,000 | 16,832,000 | 18,590,000 | 30,543,000 |
| Interest-bearing deposits | 5,616,000 | 16,067,000 | 17,634,000 | 26,820,000 |
| Noninterest-bearing deposits | 335,000 | 764,000 | 956,000 | 3,724,000 |
| Equity capital | 22,762,000 | 22,454,000 | 22,262,000 | 22,167,000 |
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 | 443,000 | 995,000 | 1,749,000 | 2,598,000 |
| Interest expense | 51,000 | 160,000 | 359,000 | 582,000 |
| Net interest income | 392,000 | 835,000 | 1,390,000 | 2,016,000 |
| Noninterest income | 304,000 | 589,000 | 1,037,000 | 1,145,000 |
| Noninterest expense | 1,134,000 | 2,120,000 | 3,304,000 | 4,113,000 |
| Provision for loan losses | 90,000 | 225,000 | 343,000 | 460,000 |
| Pretax income | -528,000 | -921,000 | -1,220,000 | -1,412,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -528,000 | -921,000 | -1,220,000 | -1,412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,754,000 | 22,447,000 | 22,236,000 | 22,116,000 |
| Total capital | 22,934,000 | 22,762,000 | 22,669,000 | 22,666,000 |
| Risk-weighted assets | 19,198,000 | 31,373,000 | 36,658,000 | 48,711,000 |