Call reports 2007
SOUTHBRIDGE SAVINGS BANK — 2007
What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 424,107,000 | 432,689,000 | 428,598,000 | 435,924,000 |
| Total loans | 332,055,000 | 340,146,000 | 341,273,000 | 346,902,000 |
| Allowance for loan losses | 2,906,000 | 2,986,000 | 3,050,000 | 2,387,000 |
| Securities available for sale | 56,378,000 | 54,547,000 | 54,880,000 | 48,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 303,967,000 | 300,826,000 | 303,894,000 | 296,067,000 |
| Interest-bearing deposits | 280,211,000 | 277,216,000 | 278,283,000 | 270,361,000 |
| Noninterest-bearing deposits | 23,756,000 | 23,610,000 | 25,611,000 | 25,706,000 |
| Equity capital | 44,808,000 | 44,941,000 | 45,350,000 | 45,275,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,807,000 | 11,896,000 | 17,918,000 | 24,217,000 |
| Interest expense | 3,263,000 | 6,613,000 | 10,157,000 | 13,597,000 |
| Net interest income | 2,544,000 | 5,283,000 | 7,761,000 | 10,620,000 |
| Noninterest income | 930,000 | 2,101,000 | 3,148,000 | 4,257,000 |
| Noninterest expense | 3,498,000 | 7,076,000 | 10,502,000 | 14,045,000 |
| Provision for loan losses | 67,000 | 289,000 | 472,000 | 650,000 |
| Pretax income | -19,000 | 405,000 | 693,000 | 1,176,000 |
| Income tax | -59,000 | -22,000 | 18,000 | 251,000 |
| Net income | 40,000 | 427,000 | 675,000 | 925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,317,000 | 42,737,000 | 43,017,000 | 43,300,000 |
| Total capital | 46,744,000 | 47,289,000 | 47,596,000 | 47,000,000 |
| Risk-weighted assets | 279,382,000 | 283,490,000 | 283,088,000 | 296,330,000 |