Call reports 2006
SOUTHBRIDGE SAVINGS BANK — 2006
What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 421,329,000 | 434,962,000 | 434,256,000 | 430,177,000 |
| Total loans | 325,698,000 | 335,720,000 | 335,691,000 | 333,910,000 |
| Allowance for loan losses | 2,773,000 | 2,765,000 | 2,834,000 | 2,885,000 |
| Securities available for sale | 56,129,000 | 52,675,000 | 53,140,000 | 55,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,507,000 | 324,181,000 | 321,604,000 | 316,123,000 |
| Interest-bearing deposits | 278,971,000 | 264,430,000 | 262,885,000 | 291,112,000 |
| Noninterest-bearing deposits | 28,536,000 | 59,751,000 | 58,719,000 | 25,011,000 |
| Equity capital | 43,659,000 | 43,593,000 | 44,239,000 | 44,787,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,472,000 | 11,242,000 | 17,020,000 | 22,949,000 |
| Interest expense | 2,415,000 | 5,290,000 | 8,414,000 | 11,726,000 |
| Net interest income | 3,057,000 | 5,952,000 | 8,606,000 | 11,223,000 |
| Noninterest income | 774,000 | 1,591,000 | 2,434,000 | 3,291,000 |
| Noninterest expense | 3,544,000 | 7,080,000 | 10,494,000 | 13,961,000 |
| Provision for loan losses | 31,000 | 199,000 | 347,000 | 443,000 |
| Pretax income | 309,000 | 497,000 | 537,000 | 631,000 |
| Income tax | 66,000 | 123,000 | 130,000 | 105,000 |
| Net income | 243,000 | 374,000 | 407,000 | 526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,865,000 | 42,028,000 | 42,094,000 | 42,246,000 |
| Total capital | 45,936,000 | 46,004,000 | 46,263,000 | 46,696,000 |
| Risk-weighted assets | 270,080,000 | 275,936,000 | 276,512,000 | 282,552,000 |