Call reports 2007
SOUTHWEST COMMUNITY BANK — 2007
What SOUTHWEST 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 | 78,505,000 | 79,820,000 | 81,073,000 | 82,283,000 |
| Total loans | 72,294,000 | 70,447,000 | 74,269,000 | 73,949,000 |
| Allowance for loan losses | 285,000 | 290,000 | 334,000 | 566,000 |
| Securities available for sale | 2,005,000 | 2,005,000 | 2,038,000 | 2,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,947,000 | 69,978,000 | 66,373,000 | 62,801,000 |
| Interest-bearing deposits | 65,605,000 | 65,218,000 | 62,326,000 | 58,613,000 |
| Noninterest-bearing deposits | 3,342,000 | 4,760,000 | 4,047,000 | 4,188,000 |
| Equity capital | 6,638,000 | 6,789,000 | 6,715,000 | 6,448,000 |
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 | 1,549,000 | 3,127,000 | 4,750,000 | 6,265,000 |
| Interest expense | 807,000 | 1,602,000 | 2,432,000 | 3,264,000 |
| Net interest income | 742,000 | 1,525,000 | 2,318,000 | 3,001,000 |
| Noninterest income | 30,000 | 58,000 | 85,000 | 123,000 |
| Noninterest expense | 456,000 | 945,000 | 1,475,000 | 2,113,000 |
| Provision for loan losses | 15,000 | 37,000 | 81,000 | 431,000 |
| Pretax income | 301,000 | 601,000 | 847,000 | 580,000 |
| Income tax | 100,000 | 199,000 | 279,000 | 185,000 |
| Net income | 201,000 | 402,000 | 568,000 | 395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,638,000 | 6,789,000 | 6,755,000 | 6,488,000 |
| Total capital | 6,923,000 | 7,079,000 | 7,089,000 | 7,054,000 |
| Risk-weighted assets | 66,929,000 | 66,612,000 | 68,495,000 | 69,488,000 |