Call reports 2008
SIMSBURY BANK AND TRUST COMPANY, INC., THE — 2008
What SIMSBURY BANK AND TRUST COMPANY, INC., THE 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 | 220,042,000 | 223,024,000 | 223,080,000 | 240,699,000 |
| Total loans | 166,557,000 | 177,987,000 | 179,532,000 | 180,028,000 |
| Allowance for loan losses | 2,010,000 | 2,036,000 | 1,822,000 | 2,017,000 |
| Securities available for sale | 22,463,000 | 20,528,000 | 16,856,000 | 36,025,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,906,000 | 199,755,000 | 202,482,000 | 221,390,000 |
| Interest-bearing deposits | 159,912,000 | 157,881,000 | 164,576,000 | 182,591,000 |
| Noninterest-bearing deposits | 39,994,000 | 41,874,000 | 37,906,000 | 38,799,000 |
| Equity capital | 16,833,000 | 17,202,000 | 15,574,000 | 16,165,000 |
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 | 2,760,000 | 5,510,000 | 8,317,000 | 11,112,000 |
| Interest expense | 861,000 | 1,579,000 | 2,250,000 | 3,042,000 |
| Net interest income | 1,899,000 | 3,931,000 | 6,067,000 | 8,070,000 |
| Noninterest income | 256,000 | 874,000 | 1,154,000 | 1,412,000 |
| Noninterest expense | 1,853,000 | 3,830,000 | 6,033,000 | 8,657,000 |
| Provision for loan losses | 100,000 | 200,000 | 250,000 | 450,000 |
| Pretax income | 202,000 | 785,000 | -720,000 | -1,371,000 |
| Income tax | 70,000 | 148,000 | 193,000 | -754,000 |
| Net income | 132,000 | 637,000 | -913,000 | -617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,573,000 | 16,856,000 | 16,545,000 | 16,190,000 |
| Total capital | 18,288,000 | 18,617,000 | 18,290,000 | 18,048,000 |
| Risk-weighted assets | 136,910,000 | 140,683,000 | 140,181,000 | 148,844,000 |