|
|
|
|
|
|
Eagle Bank and Subsidiaries
December 31, 2007 and 2006
(in thousands) |
Assets |
2007 |
2006 |
Cash and due from banks |
$4,355 |
$7,620 |
Interest-bearing deposits in banks |
3,842 |
4,044 |
Short-term investments |
7,686 |
9,913 |
Cash and Cash Equivalents |
15,883 |
21,577 |
Investment securities
Securities available for sale, at fair value |
163,932 |
138,965 |
Securities held to maturity, at amortized cost |
61,412 |
80,424 |
(fair value
of $61,618 & $80,122
at 2007 & 2006, respectively) |
Loans, net of allowance for loan losses of $4,630& $4,660 at 2006 &
2005, respectively |
181,572 |
188,162 |
Federal Home Loan Bank stock, at cost |
1,292 |
1,299 |
Accrued interest receivable |
2,613 |
2,688 |
Banking premises & equipment, net |
4,599 |
3,451 |
Deferred tax asset, net |
3,419 |
3,047 |
Bank-owned life insurance |
13,192 |
12,688 |
Other assets |
960 |
690 |
Total Assets |
$448,874 |
$452,991 |
Liabilities & Retained Earnings |
2007 |
2006 |
Deposits |
$373,975 |
$383,502 |
Repurchase agreements |
7,121 |
4,004 |
Federal Home Loan Bank Advances |
9,030 |
9,473 |
Accrued expenses & other liabilities |
4,609 |
4,227 |
Total Liabilities |
$394,735 |
$401,206 |
Retained Earnings |
53,439 |
51,294 |
Accumulated other comprehensive income (loss)
|
700 |
491 |
Total Retained Earnings |
$54,139 |
$51,785 |
Total Liabilities and Retained Earnings |
$448,874 |
$452,991 |
|
|
|
|
|
|
|
|
|
|