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Call reports 2008

SOUTHBRIDGE SAVINGS BANK — 2008

What SOUTHBRIDGE SAVINGS BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/821738bc-92e8-4c7b-86a6-a08caa32a023/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets460,393,000455,017,000444,804,000448,678,000
Total loans348,336,000353,744,000357,609,000361,895,000
Allowance for loan losses2,402,0002,514,0002,616,0002,961,000
Securities available for sale50,568,00052,364,00038,412,00034,286,000
Securities held to maturity0000
Trading assets0000
Total deposits321,165,000321,423,000318,133,000316,359,000
Interest-bearing deposits297,584,000295,975,000293,407,000293,340,000
Noninterest-bearing deposits23,581,00025,448,00024,726,00023,019,000
Equity capital44,374,00043,026,00035,645,00035,018,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2008Q12008Q22008Q32008Q4
Interest income6,180,00012,341,00018,467,00024,442,000
Interest expense3,434,0006,443,0009,195,00011,920,000
Net interest income2,746,0005,898,0009,272,00012,522,000
Noninterest income1,011,0002,134,0003,343,0004,390,000
Noninterest expense3,808,0008,023,00012,109,00016,584,000
Provision for loan losses231,000434,000856,0001,307,000
Pretax income-50,000100,000-6,480,000-8,080,000
Income tax-93,000-119,000-2,284,000-2,879,000
Net income43,000219,000-4,196,000-5,201,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital43,375,00043,582,00038,522,00035,947,000
Total capital46,633,00046,522,00041,138,00038,908,000
Risk-weighted assets303,747,000309,669,000303,599,000305,922,000

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