Call reports 2004
SOUTHBRIDGE SAVINGS BANK — 2004
What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 352,137,000 | 350,031,000 | 356,930,000 | 360,830,000 |
| Total loans | 251,082,000 | 256,029,000 | 270,386,000 | 277,004,000 |
| Allowance for loan losses | 2,547,000 | 2,540,000 | 2,575,000 | 2,653,000 |
| Securities available for sale | 65,038,000 | 63,420,000 | 52,697,000 | 54,764,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 269,618,000 | 269,016,000 | 270,128,000 | 271,890,000 |
| Interest-bearing deposits | 249,039,000 | 246,607,000 | 246,160,000 | 247,836,000 |
| Noninterest-bearing deposits | 20,579,000 | 22,409,000 | 23,968,000 | 24,054,000 |
| Equity capital | 41,537,000 | 41,301,000 | 41,903,000 | 42,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,521,000 | 8,904,000 | 13,398,000 | 17,967,000 |
| Interest expense | 1,481,000 | 2,880,000 | 4,245,000 | 5,641,000 |
| Net interest income | 3,040,000 | 6,024,000 | 9,153,000 | 12,326,000 |
| Noninterest income | 445,000 | 915,000 | 1,387,000 | 2,239,000 |
| Noninterest expense | 2,649,000 | 5,374,000 | 8,236,000 | 11,344,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 135,000 |
| Pretax income | 1,624,000 | 2,385,000 | 3,379,000 | 4,351,000 |
| Income tax | 529,000 | 797,000 | 1,178,000 | 1,562,000 |
| Net income | 1,095,000 | 1,588,000 | 2,201,000 | 2,789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,681,000 | 38,207,000 | 38,852,000 | 39,472,000 |
| Total capital | 41,534,000 | 42,042,000 | 42,588,000 | 43,564,000 |
| Risk-weighted assets | 218,026,000 | 221,999,000 | 227,183,000 | 228,230,000 |