Call reports 2008
LOWELL FIVE CENT SAVINGS BANK, THE — 2008
What LOWELL FIVE CENT SAVINGS BANK, 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 | 663,853,000 | 659,061,000 | 661,666,000 | 654,022,000 |
| Total loans | 333,199,000 | 333,196,000 | 324,803,000 | 322,976,000 |
| Allowance for loan losses | 4,181,000 | 4,178,000 | 3,213,000 | 3,201,000 |
| Securities available for sale | 240,519,000 | 237,258,000 | 225,511,000 | 233,837,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 533,052,000 | 532,116,000 | 538,550,000 | 527,197,000 |
| Interest-bearing deposits | 519,769,000 | 518,385,000 | 525,316,000 | 514,043,000 |
| Noninterest-bearing deposits | 13,283,000 | 13,731,000 | 13,234,000 | 13,154,000 |
| Equity capital | 100,820,000 | 98,020,000 | 94,865,000 | 95,387,000 |
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 | 7,856,000 | 15,596,000 | 23,396,000 | 30,972,000 |
| Interest expense | 3,507,000 | 6,580,000 | 9,279,000 | 11,817,000 |
| Net interest income | 4,349,000 | 9,016,000 | 14,117,000 | 19,155,000 |
| Noninterest income | 814,000 | -42,000 | 844,000 | 1,721,000 |
| Noninterest expense | 5,721,000 | 10,449,000 | 15,199,000 | 21,904,000 |
| Provision for loan losses | 799,000 | 799,000 | 799,000 | 799,000 |
| Pretax income | -1,357,000 | -1,924,000 | -393,000 | -6,535,000 |
| Income tax | -420,000 | -595,000 | -120,000 | -3,004,000 |
| Net income | -937,000 | -1,329,000 | -273,000 | -3,531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,267,000 | 96,874,000 | 97,930,000 | 94,672,000 |
| Total capital | 102,954,000 | 102,177,000 | 101,956,000 | 98,585,000 |
| Risk-weighted assets | 417,580,000 | 417,288,000 | 419,784,000 | 412,596,000 |