Call reports 2004
BANK OF NEWINGTON — 2004
What BANK OF NEWINGTON 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 | 66,850,000 | 66,256,000 | 71,694,000 | 73,994,000 |
| Total loans | 57,050,000 | 57,176,000 | 60,199,000 | 61,482,000 |
| Allowance for loan losses | 687,000 | 733,000 | 778,000 | 1,055,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,048,000 | 1,516,000 | 1,516,000 | 1,517,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,537,000 | 59,645,000 | 64,588,000 | 67,117,000 |
| Interest-bearing deposits | 54,735,000 | 53,386,000 | 58,308,000 | 62,122,000 |
| Noninterest-bearing deposits | 5,802,000 | 6,259,000 | 6,280,000 | 4,995,000 |
| Equity capital | 6,158,000 | 6,414,000 | 6,844,000 | 6,538,000 |
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 | 1,171,000 | 2,290,000 | 3,497,000 | 4,732,000 |
| Interest expense | 381,000 | 751,000 | 1,149,000 | 1,578,000 |
| Net interest income | 790,000 | 1,539,000 | 2,348,000 | 3,154,000 |
| Noninterest income | 108,000 | 211,000 | 335,000 | 443,000 |
| Noninterest expense | 394,000 | 840,000 | 1,199,000 | 1,938,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 487,000 |
| Pretax income | 459,000 | 820,000 | 1,349,000 | 1,172,000 |
| Income tax | 93,000 | 198,000 | 297,000 | 426,000 |
| Net income | 366,000 | 622,000 | 1,052,000 | 746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,158,000 | 6,414,000 | 6,844,000 | 6,538,000 |
| Total capital | 6,829,000 | 7,071,000 | 7,544,000 | 7,263,000 |
| Risk-weighted assets | 53,633,000 | 52,469,000 | 55,936,000 | 57,693,000 |