Call reports 2004
MERRIMACK COUNTY SAVINGS BANK — 2004
What MERRIMACK COUNTY SAVINGS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 335,556,000 | 341,425,000 | 350,040,000 | 356,124,000 |
| Total loans | 232,363,000 | 240,842,000 | 251,466,000 | 255,420,000 |
| Allowance for loan losses | 2,162,000 | 2,292,000 | 2,416,000 | 2,426,000 |
| Securities available for sale | 64,836,000 | 73,463,000 | 69,105,000 | 69,043,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,271,000 | 253,537,000 | 254,668,000 | 254,134,000 |
| Interest-bearing deposits | 228,917,000 | 227,660,000 | 228,869,000 | 226,566,000 |
| Noninterest-bearing deposits | 23,353,000 | 25,878,000 | 25,798,000 | 27,568,000 |
| Equity capital | 43,416,000 | 43,469,000 | 44,068,000 | 44,839,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,991,000 | 8,085,000 | 12,433,000 | 16,905,000 |
| Interest expense | 1,302,000 | 2,620,000 | 3,997,000 | 5,371,000 |
| Net interest income | 2,689,000 | 5,465,000 | 8,436,000 | 11,534,000 |
| Noninterest income | 636,000 | 1,246,000 | 1,878,000 | 2,440,000 |
| Noninterest expense | 2,764,000 | 5,505,000 | 8,189,000 | 11,068,000 |
| Provision for loan losses | 88,000 | 219,000 | 343,000 | 353,000 |
| Pretax income | 549,000 | 1,226,000 | 2,115,000 | 3,114,000 |
| Income tax | 139,000 | 313,000 | 587,000 | 899,000 |
| Net income | 410,000 | 913,000 | 1,528,000 | 2,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,687,000 | 39,190,000 | 39,805,000 | 41,138,000 |
| Total capital | 43,154,000 | 43,825,000 | 44,530,000 | 46,091,000 |
| Risk-weighted assets | 219,190,000 | 227,452,000 | 235,573,000 | 240,632,000 |