Call reports 2011
SOUTH SHORE BANK — 2011
What SOUTH SHORE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 951,996,000 | 955,524,000 | 958,211,000 | 950,388,000 |
| Total loans | 589,957,000 | 616,249,000 | 645,144,000 | 656,194,000 |
| Allowance for loan losses | 5,697,000 | 5,193,000 | 5,435,000 | 5,515,000 |
| Securities available for sale | 285,674,000 | 261,582,000 | 240,060,000 | 219,131,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 664,692,000 | 669,297,000 | 666,251,000 | 661,577,000 |
| Interest-bearing deposits | 586,196,000 | 589,430,000 | 582,427,000 | 570,957,000 |
| Noninterest-bearing deposits | 78,496,000 | 79,867,000 | 83,824,000 | 90,620,000 |
| Equity capital | 92,096,000 | 94,715,000 | 97,679,000 | 99,500,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 9,257,000 | 19,038,000 | 28,891,000 | 38,500,000 |
| Interest expense | 2,982,000 | 5,907,000 | 8,763,000 | 11,520,000 |
| Net interest income | 6,275,000 | 13,131,000 | 20,128,000 | 26,980,000 |
| Noninterest income | 1,318,000 | 2,343,000 | 4,114,000 | 5,246,000 |
| Noninterest expense | 6,699,000 | 13,256,000 | 19,760,000 | 25,455,000 |
| Provision for loan losses | 190,000 | 751,000 | 1,572,000 | 1,627,000 |
| Pretax income | 973,000 | 2,782,000 | 4,802,000 | 7,256,000 |
| Income tax | 315,000 | 619,000 | 1,307,000 | 1,890,000 |
| Net income | 658,000 | 2,163,000 | 3,495,000 | 5,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,648,000 | 87,153,000 | 89,873,000 | 91,412,000 |
| Total capital | 91,693,000 | 92,348,000 | 95,308,000 | 96,927,000 |
| Risk-weighted assets | 663,692,000 | 658,110,000 | 673,144,000 | 676,214,000 |
Machine access — free, no API key
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