Call reports 2002
SOUTHBRIDGE SAVINGS BANK — 2002
What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 306,886,000 | 312,125,000 | 322,972,000 | 336,867,000 |
| Total loans | 225,152,000 | 240,981,000 | 245,154,000 | 251,638,000 |
| Allowance for loan losses | 2,194,000 | 2,359,000 | 2,478,000 | 2,591,000 |
| Securities available for sale | 53,020,000 | 48,235,000 | 47,283,000 | 55,456,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,050,000 | 253,339,000 | 252,376,000 | 263,260,000 |
| Interest-bearing deposits | 230,514,000 | 234,739,000 | 233,920,000 | 245,074,000 |
| Noninterest-bearing deposits | 17,536,000 | 18,600,000 | 18,456,000 | 18,186,000 |
| Equity capital | 36,048,000 | 36,277,000 | 35,720,000 | 36,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,666,000 | 9,410,000 | 14,217,000 | 18,998,000 |
| Interest expense | 2,189,000 | 4,305,000 | 6,348,000 | 8,416,000 |
| Net interest income | 2,477,000 | 5,105,000 | 7,869,000 | 10,582,000 |
| Noninterest income | 257,000 | 572,000 | 855,000 | 1,232,000 |
| Noninterest expense | 2,117,000 | 4,242,000 | 6,564,000 | 8,942,000 |
| Provision for loan losses | 150,000 | 335,000 | 510,000 | 620,000 |
| Pretax income | 765,000 | 1,401,000 | 1,951,000 | 2,536,000 |
| Income tax | 242,000 | 437,000 | 561,000 | 771,000 |
| Net income | 523,000 | 964,000 | 1,390,000 | 1,765,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,261,000 | 33,702,000 | 34,128,000 | 33,614,000 |
| Total capital | 37,570,000 | 37,603,000 | 37,190,000 | 37,267,000 |
| Risk-weighted assets | 183,939,000 | 193,794,000 | 199,380,000 | 206,906,000 |