Call reports 2008
BANK OF NEWINGTON — 2008
What BANK OF NEWINGTON reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 100,360,000 | 99,245,000 | 96,538,000 | 95,461,000 |
| Total loans | 72,523,000 | 73,277,000 | 75,859,000 | 75,065,000 |
| Allowance for loan losses | 1,132,000 | 1,143,000 | 1,087,000 | 1,500,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,402,000 | 3,002,000 | 2,801,000 | 2,700,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,930,000 | 87,415,000 | 84,414,000 | 84,507,000 |
| Interest-bearing deposits | 83,417,000 | 81,739,000 | 79,317,000 | 80,240,000 |
| Noninterest-bearing deposits | 5,513,000 | 5,676,000 | 5,097,000 | 4,267,000 |
| Equity capital | 10,923,000 | 11,159,000 | 11,412,000 | 10,499,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,830,000 | 3,538,000 | 5,143,000 | 6,688,000 |
| Interest expense | 993,000 | 1,935,000 | 2,840,000 | 3,737,000 |
| Net interest income | 837,000 | 1,603,000 | 2,303,000 | 2,951,000 |
| Noninterest income | 102,000 | 206,000 | 300,000 | 393,000 |
| Noninterest expense | 603,000 | 1,072,000 | 1,620,000 | 2,394,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,451,000 |
| Pretax income | 336,000 | 737,000 | 983,000 | -501,000 |
| Income tax | 166,000 | 331,000 | 324,000 | -247,000 |
| Net income | 170,000 | 406,000 | 659,000 | -254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,923,000 | 11,159,000 | 11,412,000 | 10,499,000 |
| Total capital | 11,853,000 | 12,092,000 | 12,358,000 | 11,431,000 |
| Risk-weighted assets | 74,191,000 | 74,456,000 | 75,515,000 | 74,027,000 |