Call reports 2003
SOUTHBRIDGE SAVINGS BANK — 2003
What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 337,069,000 | 337,847,000 | 341,518,000 | 345,174,000 |
| Total loans | 245,055,000 | 244,763,000 | 242,615,000 | 253,990,000 |
| Allowance for loan losses | 2,629,000 | 2,599,000 | 2,589,000 | 2,586,000 |
| Securities available for sale | 58,252,000 | 61,201,000 | 68,034,000 | 63,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,912,000 | 266,419,000 | 263,722,000 | 261,587,000 |
| Interest-bearing deposits | 247,792,000 | 245,831,000 | 243,244,000 | 241,078,000 |
| Noninterest-bearing deposits | 20,120,000 | 20,588,000 | 20,478,000 | 20,509,000 |
| Equity capital | 37,132,000 | 38,994,000 | 39,522,000 | 40,754,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,790,000 | 9,404,000 | 13,959,000 | 18,689,000 |
| Interest expense | 1,886,000 | 3,603,000 | 5,226,000 | 6,731,000 |
| Net interest income | 2,904,000 | 5,801,000 | 8,733,000 | 11,958,000 |
| Noninterest income | 453,000 | 956,000 | 1,423,000 | 1,924,000 |
| Noninterest expense | 2,636,000 | 5,026,000 | 7,509,000 | 10,075,000 |
| Provision for loan losses | 53,000 | 70,000 | 75,000 | 75,000 |
| Pretax income | 701,000 | 1,794,000 | 2,768,000 | 4,241,000 |
| Income tax | 257,000 | 665,000 | 921,000 | 1,429,000 |
| Net income | 444,000 | 1,129,000 | 1,847,000 | 2,812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,090,000 | 34,807,000 | 35,557,000 | 36,554,000 |
| Total capital | 37,550,000 | 38,612,000 | 39,379,000 | 40,773,000 |
| Risk-weighted assets | 208,368,000 | 215,960,000 | 216,308,000 | 218,633,000 |